Question: Use financial calculator or MS Excel. Please upload your work. Show all the formulas. A 5 - year $ 1 , 0 0 0 face

Use financial calculator or MS Excel. Please upload your work. Show all the formulas.
A 5-year $1,000 face value bond pays annual coupons. Its current market price is $950. The coupon rate is 4%.
Find out the bond's yield to maturity.
Find out Macaulay's duration and the modified duration of the bond.
If the bond yield decreases by 25 basis points (0.25% or 0.0025), find out the changed bond price (no convexity to be considered here).
Find out the percentage change in the bond price considering the convexity of the bond =100.

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