Use the following information to answer questions 1- 10. A 5âyear 5% annual coupon bond yields 4%. Compute the Macaulay duration of the bond. Do this by ï¬lling in the following table. Do not round â keep many decimals so that your duration should be accurate to 4 decimals. Time Until payment {Years} Weight = {3] 3' Column [1} x SumlS} |Column {4i
