Problem 16-19 Find the duration of a bond with a settlement date of May 27, 2023, and maturity date November 15, 2034. The coupon rate of the bond is 7%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 8%. Use Spreadsheet 16.2. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Answer is complete but not entirely correct. Macaulay duration 7.9000 Modified duration 7.3148