Modified vs Macaulay Duration

Application of Derivatives - Allison case gives Macaulay and Modified Duration. I used modified (guess work), but there is no explaination why not use Macaulay?

Any reason?

I suggest to use the MDUR. I have the feeling that the CFAI prefers it.

Macaulay duration doesn’t measure interest rate sensitivity.

Do you envision any need to use it on the exam or is it purely a distractor?

I don’t, but I’m in Toronto at the moment, away from my Level III curriculum; I’d rather skim that before saying for certain.