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Business, 02.03.2020 18:46 imamnaab46

The current price of a bond having annual coupons is $1,312. The derivative of the price function of the bond with respect to the yield to maturity is $7,443.81 when evaluated at the current annual yield, which is 7%. Calculate the Macaulay duration

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The current price of a bond having annual coupons is $1,312. The derivative of the price function of...
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