1.What is the duration of a 5 year, 3.5% coupon semiannual pay bond with a YTM currently at 3.7%?

a)4.83

b)5.03

c)5.23

d)4.63

2.What is the modified duration of a 5 year, 3.5% coupon semiannual pay bond with a YTM currently at 3.7%?

a)4.14

b)4.44

c)4.54

d)4.24

3.What is the convexity of a 5 year, 3.5% coupon semiannual pay bond with a YTM currently at 3.7%?

a)87.21

b)92.21

c)82.21

d)97.21