Question: mework Help Save & Exit Submit Check my work Problem 10-35 Duration (LO4, CFA6) A Treasury bond that settles on October 18, 2016, matures on

 mework Help Save & Exit Submit Check my work Problem 10-35

mework Help Save & Exit Submit Check my work Problem 10-35 Duration (LO4, CFA6) A Treasury bond that settles on October 18, 2016, matures on March 30, 2035. The coupon rate is 6.00 percent and the bond has a yield to maturity of 5.43 percent. What are the Macaulay duration and modified duration? (Use the duration function in Excel to solve the problem. Do not round intermedlate calculations. Round your answers to 4 declmal places.) Prev7 of 8Next>

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