Problem $11-20($Algo$)$

Required:

Find the duration of a bond with settlement date May $31,2023,$ and maturity date November $23,2032.$ The coupon rate of the bond is $7\%,$ and the bond pays coupons semiannually. The bond is selling at a yield to maturity of $8\%.$

Note: Do not round intermediate calculations. Round your answers to $4$ decimal places.

Answer is complete but not entirely correct.

$\backslash$table$[[$Macaulay duration,$6\mathrm{.}7086$