question archive What is the Macaulay duration of a 7 percent coupon bond with five years to maturity and a current price of $1,025
Subject:FinancePrice:3.87 Bought7
What is the Macaulay duration of a 7 percent coupon bond with five years to maturity and a current price of $1,025.30? What is the modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.)
please use this google drive link to download the answer file.
https://drive.google.com/file/d/1YqHtcvpxp0IZOmMTa8t85jaIl9z-EiwG/view?usp=sharing
note: if you have any trouble in viewing/downloading the answer from the given link, please use this below guide to understand the whole process.
https://helpinhomework.org/blog/how-to-obtain-answer-through-google-drive-link