Question: 1. Calculate the requested measures for bonds A & B below (assume that each bond pays interest semiannually). A B Coupon 8% 9% Yield to

1. Calculate the requested measures for bonds A & B below (assume that each bond pays interest semiannually).

A B
Coupon 8% 9%
Yield to maturity 8% 8%
Maturity 2 5
Par $100.00 100.00
Price $100.00 $104.06

A. Macaulay Duration B. Modified Duration C. Price value of a basis point

(Please use Excel and show work/formulas! Thanks!!)

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