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What is the Macaulay duration of a 7.2 percent coupon bond with five years to maturity and a current price of $937.80? What is the

What is the Macaulay duration of a 7.2 percent coupon bond with five years to maturity and a current price of $937.80? What is the modified duration? (Round your answer to 3 decimal places.)

Duration
Macaulay Years
Modified Years

This is my second time posting this same question because the first response I received on here was wrong. PLEASE PLEASE do not reply unless you are absolutely positive that you're right. If you do answer the question and you're wrong, I would greatly appreciate it if you would rework your problem until its correct.

The first answer from a Chegg expert that was WRONG was: Macaulay duration : 4.349 years These answers are INCORRECT!!!

Modified duration : 3.998 years

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