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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 10-35 Duration (LO4, CFA6)
A Treasury bond that settles on October 18,2022, matures on March 30,2041. The coupon rate is 6.05 percent, and the bond has a yield to maturity of 5.50 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 4 decimal places.
Macaulay duration
Modified duration
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