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1 . Duration : Calculate the requested measures for bonds` and & Iassume each band pays interest Semiannually ! ! Coupon Yield - to- Maturity

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1 . Duration : Calculate the requested measures for bonds` and & Iassume each band pays interest Semiannually ! ! Coupon Yield - to- Maturity Maturity ( in 5 L . Far Price laj Price value of' & basis point . Ibj Macaulay duration . [`; Modified duration . ['s Calculate the actual price of the two bonds for a long basis point increase in interest rates . `; Using duration , estimate the price of the band's for & IN1 basis point increase in interest rates

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