Question: Please show full calculations in the table Please show full calculations in lhe table. .a. Calculate the price and duration for lhe following bond when

Please show full calculations in the table
Please show full calculations in lhe table. .a. Calculate the price and duration for lhe following bond when the goingrate of interest is 4%. The 20 points bond offers 4.5% coupon rate, matures in 3 years and has apar value of $1,000. Show full calculations in the table below. YR PVof S 1 at40/0 Bond Cash Flows 2 3 3 Total Price Duration b) PV (Cash Flows) Year * Present Value of Cash Flow Ifthe market rate of discount changes by 1 0/0, what will be the percentage change in price ofthis bond?
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