Question: You find a bond with 2 5 years until maturity that has a coupon rate of 1 1 percent and a yield to maturity of
You find a bond with years until maturity that has a coupon rate of percent and a yield to maturity of percent. What is the Macaulay duration? The modified duration? Do not round intermediate calculations. Round your answers to decimal places.
tableDurationMacaulayyearsModifiedyears
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