Question: Please do the table as well. 4. Replicate the work in Spreadsheet 11.1 (Slide 9) to find the duration of a bond that has a

Please do the table as well. 4. Replicate the work in SpreadsheetPlease do the table as well.

4. Replicate the work in Spreadsheet 11.1 (Slide 9) to find the duration of a bond that has a value at maturity of $1,000 and makes annual coupon payments at a rate of 10%. It matures in 3 years. Its yield to maturity is currently 8.0%. (You may copy & paste your Excel table here instead of using the table below.) Time until payment Payment Payment Weight Discounted at 8% 1 2 3 a. The duration of this bond is years. b. The modified duration of this bond is years

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