Question: For a 2 - year bond ( par value = 1 0 0 0 ) with a 1 0 % coupon paid semiannually, the interest

For a 2-year bond (par value =1000) with a 10% coupon paid semiannually, the interest rate is also 10%.(Hint: with semiannual compounding, the Macaulay duration you find will be in half-years. You need to convert the half-years to whole years. For example, 4 half-years =2 years). Use this formula
A. Find the Macaulay duration of the bond and explain its meaning
B. Find the modified duration of the bond and explain its meaning
C. Find the PVBP of the bond and explain its meaning
For a 2 - year bond ( par value = 1 0 0 0 ) with

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