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Business, 27.04.2021 15:10 taiyana74

Kylie bought a 7-year, 5,000 par value bond with an annual coupon rate of 7.6% paid semi-annually. She bought the bond with no premium or discount. Calculate the Macaulay duration of this bond with respect to the yield rate on the bond.

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Kylie bought a 7-year, 5,000 par value bond with an annual coupon rate of 7.6% paid semi-annually. S...
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