Question: Step 2 : Using the data you receive from your eLA, write a report showing your calculations and answer the following questions: On 1 July

Step 2: Using the data you receive from your eLA, write a report showing your calculations and answer the following questions: On 1 July 2022, you bought the portfolio of Commonwealth Government bonds. Calculate the amount you paid for each instrument per $100 face value and thus the total for the equally weighted portfolio. Use the yields within the table provided by your eLA. (6 marks)Calculate the price of the instruments if they were sold on 30 June 2023.(6 marks)Calculate the holding period yield for each instrument if you sold them on 30 June 2023. Using the reinvestment rate contained within the table. (12 marks)What would be the holding period yield for the portfolio as a whole over the same period? Comment on your answer. (6 marks)Using a table format, manually calculate the duration and convexity for the 3.75%21 April 2037 Treasury Bond 144 on the 21st of April 2023, if the yield for that day is contained within the table below. (8 marks)Using a spreadsheet (Excel) and its duration formula, calculate the duration for all the bonds as at 30 June 2023.(3 marks)What is the duration for the portfolio as at 30 June 2023?(3 marks)If the portfolio had a 44-day Bank Accepted bill with the yield contained within the table, what would be the bills duration? Explain your answer. (2 marks)Comparing the two sets of rates, what can you say about the term structure? (4 marks)Note: Show all calculations for parts a. to i.

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