Question: Problem 10-23 Calculating Duration (LO4, CFA6) What is the Macaulay duration of a bond with a coupon of 5.8 percent, eleven years to maturity. modified

 Problem 10-23 Calculating Duration (LO4, CFA6) What is the Macaulay duration

Problem 10-23 Calculating Duration (LO4, CFA6) What is the Macaulay duration of a bond with a coupon of 5.8 percent, eleven years to maturity. modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.) and a current price of $1,060.10? What

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