1. Calculate the requested measures in parts (a) through (d) for bonds A and B (assume that each bond pays interest semiannually): Bond A Bond B Coupon 5% 6% Yield to maturity 7% 8% Maturity (years) 3 5 Par $1000.00 $1000.00 Price $946.71 $918.89 (a) price value of a basis point; (b) Macaulay duration; (c) modified duration; (d) Compute the yield value of a price change for i) Bond A when the price changes from $946.71 to $980.00; and ii) Bond B when the price changes from $918.89 to $950.00