Find the duration of a bond with a settlement date of May 27, 2025, and maturity...
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Find the duration of a bond with a settlement date of May 27, 2025, and maturity date November 15, 2036. The coupon rate of the bond is 8.0%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 9.0%. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Macaulay duration Modified duration Find the duration of a bond with a settlement date of May 27, 2025, and maturity date November 15, 2036. The coupon rate of the bond is 8.0%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 9.0%. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Macaulay duration Modified duration
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