The project is spreadsheet problems solving. It is necessary to turn in soft copy of the excel solution. It should be well organized and easy to followThe project is spreadsheet problems solving. It is necessary to turn in soft copy of the excel solution. It should be well organized and easy to follow

Question 3

A treasury bond that settles on November 18, 2013, matures on April 30, 2032. The coupon rate is 6.3 percent and the bond has a 5.45 yield to maturity. What are the Macaulay duration and modified duration?