Question: Please show answer through excel! Exercises: Total Return and Duration There is a 3-year bond selling to yield 5%. The coupon rate of the bond

Please show answer through excel! Exercises: Total Return and Duration There

Please show answer through excel!

Exercises: Total Return and Duration There is a 3-year bond selling to yield 5%. The coupon rate of the bond is 6%. Face value of the bond is 1000. 1. Calculate Macaulay duration and modified duration

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