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letamp;#39;s take a look at how we can use a couple of functions in Google Sheets to calculate duration so duration measures the price sensitivity of a bond when interest rates change so there are two calculations we need to do the first is mcau duration named after Frederick mccaulay who came up with this formula and what it is itamp;#39;s the average amount of time it takes to get your money back from the bond so if itamp;#39;s a coupon bond that is it makes periodic interest payments annually or semiannually you donamp;#39;t have to wait the full maturity to get your money because you get some of it every year in interest so the example I have here is itamp;#39;s a 10-year bond and if itamp;#39;s paying a coupon youamp;#39;ll get some of your money back in year one some of your money in year two now the bulk of your money will be in year 10 when you get back to the maturity value but you wonamp;#39;t be waiting 10 years to get your money if you have a zero coupon Bond those