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Problem 1 0 - 3 5 Duration ( LO 4 , CFA 6 ) A Treasury bond that settles on October 1 8 , 2
Problem Duration LO CFA
A Treasury bond that settles on October matures on March The coupon rate is percent, and the bond has a yield to maturity of percent. What are the Macaulay duration and modified duration?
Note: Use the duration functions in Excel to solve the problem. Do not round intermediate calculations. Round your answers to decimal places.
Macaulay duration
Modified duration
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