Find the duration of bond with settlement

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Reference no: EM131905712

Find the duration of a bond with settlement date June 13, 2016, and maturity date December 19, 2025. The coupon rate of the bond is 6%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 7%. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration = ? Modified duration = ?

Reference no: EM131905712

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