Question: solve Answered - Correct! 2 attempts left Resubmit Question 12 Homework Unanswered Consider an annual coupon bond with a coupon rate of 6.5%, face value

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Answered - Correct! 2 attempts left Resubmit Question 12 Homework Unanswered Consider an annual coupon bond with a coupon rate of 6.5%, face value of $1,000, and 2 years to maturity. If its yield to maturity is 7.0%, what is its Macaulay Duration? Answer in years, rounded to three decimal places. Type your numeric answer and submit Submit Unanswered . 3 attempts left

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