Question: 6. A $1,000 face value bond has a 9.0 percent coupon and pays interest semiannually. The bond matures in 2 years and has a yield

6. A $1,000 face value bond has a 9.0 percent coupon and pays interest semiannually. The bond matures in 2 years and has a yield to maturity of 6.5 percent.

a. What is the current price of the bond?

b. What is the Macaulay duration?

c. What is modified duration?

d. What is the dollar value of an 01?

e. What is the yield value of a 32nd?

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