A 3 year, 1000 par value bond has 8% annual coupons and an annual effective yield...

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Question

A 3 year, 1000 par value bond has 8% annual coupons and an annual effective yield of 7%. Find the Macaulay duration of this bond.

Answer 1

Answer #1

Using excel to calculate Macaulay Duration of this bond

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Answer 2

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