Question: Your colleague is constructing a table to calculate the duration of 5 year annual coupon paying bonds issued by American Expresso at an effective annual

Your colleague is constructing a table to calculate the duration of 5 year annual coupon paying bonds issued by American Expresso at an effective annual yield of 5% pa. The bonds have a face value of $150,000 and an effective annual coupon rate of 12% pa. Unfortunately your colleague is unwell and has taken the day off work. You have been asked to complete the calculations to present at a meeting.
a) Complete the table for your colleague. Give your answers to 4 decimal places.
\table[[Cash flow,\table[[Amount],[($)]],\table[[Present value of],[the cash flow],[(PVCF)]],\table[[Weight],[(PVCF/price)]]],[1,18,000,17,142.8571,0.0877],[2,18,000,16,326.5306,0.0835],[3,18,000,15,549.0768,0.0796],[4,18,000,14,808.6445,0.0758],[5,,,]]
 Your colleague is constructing a table to calculate the duration of

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