a) Calculate the requested measures for bonds A and B (assume that each bond pays interest semiannually): B 8% 9% 8% 8% 2 $100.00 $100,00 $100.00 $104.055 b. The approximate duration using the shortcut formula by changing yields by 20 basis points and compare your answer with the convexity measure calculated in parto. c. Convexity measure d. The approximate convexity measure using the shortcut formula by changing yields by 20 basis points and compare your answer to the convexity measure calculated in parte. Coupon Yield to maturity Maturity (years) Par Price a Modified duration a) Calculate the requested measures for bonds A and B (assume that each bond pays interest semiannually): B 8% 9% 8% 8% 2 $100.00 $100,00 $100.00 $104.055 b. The approximate duration using the shortcut formula by changing yields by 20 basis points and compare your answer with the convexity measure calculated in parto. c. Convexity measure d. The approximate convexity measure using the shortcut formula by changing yields by 20 basis points and compare your answer to the convexity measure calculated in parte. Coupon Yield to maturity Maturity (years) Par Price a Modified duration