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This video tutorial demonstrates how to calculate the immaculate duration, modified duration, and effective duration using Excel. An example bond with 40 years to maturity is used, with semi-annual payments of $35. The total bond payment is calculated by multiplying the notional principle of $1000 by the coupon rate of 7%. This results in a $70 annual payment, which is then divided into two $35 semi-annual payments. At the end of the bond's maturity, there is a final $35 payment plus the face value of $1000.
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