Question: A Treasury bond that settles on October 1 8 , 2 0 2 2 , matures on March 3 0 , 2 0 4 1

A Treasury bond that settles on October 18,2022, matures on March 30,2041. The coupon rate is 5.40 percent, and the bond has a yield to maturity of 4.59 percent. What are the Macaulay duration and modified duration?
Note: Use the duration functions in Excel to solve the problem. Do not round intermediate calculations. Round your answers to 4 decimal places.

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