Answer:
Explanation:
The Macaulay duration is the subjective standard cash flows term to maturity from a bond. The weight of each and everyone one of the cash flow is calculated by dividing the current value of the cash flow by the price.
While Modified duration is a method or mathematical formula that illustrates the measurable change in the worth of a security in relation to a change in the rates of interest.
kindly check the below attached image to see the spreedshet table showing the complete solution to the question.
