Question: Problem # 7: A 3 year bond has annual coupons of 7.5%, and a face redemption value of $100. If the bond YTM is 5.75%,

 Problem # 7: A 3 year bond has annual coupons of

Problem # 7: A 3 year bond has annual coupons of 7.5%, and a face redemption value of $100. If the bond YTM is 5.75%, find the Macauley duration for the bond. Problem #7: Answer correct to 3 decimals Just Save | | Submit Problem #7 for Grading | Problem #7 | Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Your Answer: Your Mark

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