1. On May 15, 2000 the semi-annually compounded yield curve was as in Table 4.6. Calculate the convexity for the following securities: (a) 4-year zero coupon bond (b) 2 1/4-year coupon bond paying 5% semiannually (c) 2-year coupon bond paying 3% quarterly (d) 3 1/2-year floating rate bond with 20 basis point spread, paid semiannually (e) 4 1/4-year floating rate bond with 35 basis point spread, paid semiannually 2. Using Tables 4.8 and 4.9, compute the factor duration of level, slope, and curvature, for each of the following securities on February 15, 1994: (a) 4-year zero coupon bond (a) 2 1/2-year coupon bond paying 3% semiannually (a) 3 1/4-year floating rate bond with zero spread paid semiannually (a) 4 1/4-year floating rate bond with 35 basis point spread paid semiannually