1. Find the Macaulay duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6%. What is the Macaulay duration if the yield to maturity is 10%? Complete the following table given an investment grade bond with exactly 13 years until maturity, a coupon rate of 5.75 percent, a current yield of 3.9264 percent, and an expected change in the yield of 75 basis points: Payment Frequencies Macaulay Duration Modified Duration Convexity Estimated Price Based on MacD Estimated Price Based on ModD Estimated Price Based on ModD + Convexity Actual Price 1. Find the Macaulay duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6%. What is the Macaulay duration if the yield to maturity is 10%? Complete the following table given an investment grade bond with exactly 13 years until maturity, a coupon rate of 5.75 percent, a current yield of 3.9264 percent, and an expected change in the yield of 75 basis points: Payment Frequencies Macaulay Duration Modified Duration Convexity Estimated Price Based on MacD Estimated Price Based on ModD Estimated Price Based on ModD + Convexity Actual Price