What is the Macaulay duration of a bond with a coupon of $7\mathrm{.}2$ percent, five years to maturity, and a current price of $$1,027\mathrm{.}60?$ What is the modified duration? hat is the Macaulay duration of a bond with a coupon of $7\mathrm{.}2$ percent, five years to maturity, and a current price of $\backslash (\backslash$$ $1,027\mathrm{.}60\backslash )?$ What is modified duration? bte: Do not round intermediate calculations. Round your answers to $3$ decimal places.