6. Consider a 3-year 8% semiannual coupon bond. The YTM of this bond is 6%. Compute the following (CF.)(t) (1+i) a) Macaulay Duration (use Mac Duration = b) Modified Duration P c) Effective duration (assume a 50 BP change of Yield) N 1 CF =(2+1) (1+i) (1+i) d) Convexity Factor (use C=- PB e) Effective Convexity Factor (assume a 50 BP change of Yield)