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in this video Iamp;#39;m going to show you how you can easily calculate the immaculate duration the modified duration and the effective duration all in Excel now letamp;#39;s dive in with an example bond that Iamp;#39;ve set up here now this is a bond that has 40 years to maturity and itamp;#39;s semi-annual and we can tell that itamp;#39;s semi-annual because in this column of time here I have two cash flows coming every year and basically theyamp;#39;re spaced out every six months weamp;#39;re going to be receiving cash flows of 35 dollars so these are Bond payments and we come up with that value by taking the face value of the loan the one thousand dollars that itamp;#39;ll pay back at the end the notional principle right multiplied by the coupon rate of seven percent so that would give us seventy dollars per year but because itamp;#39;s semi-annual weamp;#39;re taking it in uh two payments each year so we cut in half and we get 35 bucks every six months and then right at