Question: question 9 ( 1 point ) bond currently has a price of $ 1 , 0 5 0 . The yield on the bond is

question 9(1 point)
bond currently has a price of $1,050. The yield on the bond is 6%. If the yield increases 25 basis points, the price of the bond will go down to $1,030. he Macaulay's duration of this bond is years.
a ,7.46
b 8.08
c ,9.02
d ,10.11
question 9 ( 1 point ) bond currently has a price

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