Question: 4. (EXCEL TEMPLATE) a) Use the Present Value (PV) function to find the duration of a $1000 face value, 25-year, annual coupon bond with an

4. (EXCEL TEMPLATE)
| a) Use the Present Value (PV) function to find the duration of a $1000 face value, 25-year, annual coupon bond with an 4.25 percent coupon rate and a 5.75 percent yield to maturity.
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1 DURATION Weight Time x Weight 12 13 10 15 16 12 13 14 16 17 18 19 20 21 19 21 23 23 24 25 25 27 28 29 30 Use the Duration Function to find the duration of the bond listed above. After clicking on Duration, go to 31 "Help on this Function" to determine the proper entries. 32 Duration
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