2.

Face value: 10,000 won Expiration: 2 years Par interest rate: 6% (interest paid at the end of every 6 months)

If the market interest rate is 8%, answer the following questions.

(1) What is the issuance price of this corporate bond? (Bond prices are omitted from the decimal point)

(2) What is the duration of this corporate bond? (Hint: Multiply the first term in the year of each flow by 0.5 years)