1. Compute the duration of the following bonds. (50 points) (Note: When computing duration, you should calculate the EXACT price of the asset instead of using the price column, since the price column has values rounded to 3 decimal places.) Yield Face Duration Price $962.092 $798.871 $1,132.678 $1,272.553 2.112 20% 30% 20% Coupon payment $90 $90 $135 $90 Maturity 2.5 2.5 $1,000 $1,000 $1,000 $1,500 2.5 20% 2.5 Price Yield Face Duration Maturity 2.5 2.112 $962.092 $914.864 $900.328 20% 20% Coupon payment $90 $90 $90 $1,000 $1,000 $1,000 10 20% 30 5.491 Price Yield Face Duration Maturity 2.5 20% $632.294 $174.184 $33.186 Coupon payment $3 $3 $3 minn $1,000 $1,000 $1,000 2.480 9.084 20% 20% 10 30