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Treasury bond that settles on October 18,2019 , matures on March 30,2038 . The coupon rate is 5.65 percent, and the bond has a ield

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Treasury bond that settles on October 18,2019 , matures on March 30,2038 . The coupon rate is 5.65 percent, and the bond has a ield to maturity of 4.94 percent. What are the Macaulay duration and modified duration? (Use the duration functions in Excel to solve ne problem. Do not round intermediate calculations. Round your answers to 4 decimal places.)

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