A 3-year, 8% coupon bond with a par value of $1000 and a Yield To Maturity (YTM) of 10%. 950.25 2639.17 (i) Calculate the Cashflow (CF) of the coupon bond (3) (ii) Calculate the Present Value of the Cashflow of the coupon bond (3) (iii) Calculate the Macaulay Duration of the coupon bond (1): Note: Macaulay Duration =tn * PV (Ctn) Price of Bond, Where tn=time(yr) in which cash flow is realized, Cn= cashflow in time tn. (iv) Calculate the Modified Duration of the coupon bond (2): Note: Modified Duration = Macaulay Duration /1+ yield