A bond with a coupon rate of 11 percent sells at a yield to maturity of 13 percent. If the bond matures in 15 years, what is the Macaulay duration? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Macaulay duration Years A Treasury bond that settles on October 18, 2019, matures on March 30, 2038. The coupon rate is 5.85 percent, and the bond has a yield to maturity of 5.22 percent. What are the Macaulay duration and modified duration? (Use the duration functions in Excel to solve the problem. Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified duration