Question: Question 1. Calculate the Macaulay duration and the modi ed duration of a 30-year zero-coupon bond with a face value of $1,000. Assume that the
Question 1.
Calculate the Macaulay duration and the modi ed duration of a 30-year zero-coupon
bond with a face value of $1,000. Assume that the annual yield-to-maturity is 8%
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