Question: Macaulay's Duration - Example A: 3-year bond (with annual coupon payments) with par value = $1,000, coupon rate=8%, YTM=10% and B: 3-year zero-coupon bond with

Macaulay's Duration - Example A: 3-year bond (with annual coupon payments)

Macaulay's Duration - Example A: 3-year bond (with annual coupon payments) with par value = $1,000, coupon rate=8%, YTM=10% and B: 3-year zero-coupon bond with par value = $1,000 and YTM 10% . Bond A . Bond B DA = 2.7774 years De = ? years

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