Question: PLEASE GIVE EXCEL SOLUTION. Question 3 : A bond with a remaining maturity of exactly 4 years pays 6 . 0 % annual coupon. Its

PLEASE GIVE EXCEL SOLUTION.
Question 3: A bond with a remaining maturity of exactly 4 years pays 6.0% annual coupon. Its face value is $1,000. The current yield-to-maturity of the bond is 5.5%.
A. Calculate the current price of the bond. (5 points)
B. Using the timeline method, calculate the modified duration of the bond. (10 points)
C. Using just the modified duration, what is the expected change in the price of the bond when YTM is 5.70%?(5 points)
PLEASE GIVE EXCEL SOLUTION. Question 3: A bond with a remaining

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