Question: show work and formula A four-year $1,000 bond will pay $70 in interest at the end of each year. With a yield-to-maturity of 8%. Its

show work and formula

A four-year $1,000 bond will pay $70 in interest at the end of each year. With a yield-to-maturity of 8%. Its duration is A. Show the Formula of duration (0.1 point) B. Create the Table ( 0.6 point) C. Show the Steps to get the market price ( 0.2 point) D. Show the Steps to get the duration ( 0.2 point)

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