# Question: Compute Macaulay and modified durations for the following bonds a A

Compute Macaulay and modified durations for the following bonds:

a. A 5-year bond paying annual coupons of 4.432% and selling at par.

b. An 8-year bond paying semiannual coupons with a coupon rate of 8% and a yield of 7%.

c. A10-year bond paying annual coupons of 6% with a price of $92 and maturity value of $100.

a. A 5-year bond paying annual coupons of 4.432% and selling at par.

b. An 8-year bond paying semiannual coupons with a coupon rate of 8% and a yield of 7%.

c. A10-year bond paying annual coupons of 6% with a price of $92 and maturity value of $100.

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