a. A 5-year French government bond has a face value of 1,000 and a coupon rate of 6.00%. If interest payments are annual and the market return is currently 6.25%, provide the relevant calculations and price this bond. When is a bond considered to be trading at a discount? b. In the following table figures are provided for the remaining cash flows of a German bond. If the YTM is 3.50%, calculate the duration of this bond maturing in December 2025. Calculate then the modified duration of the bond. Given your findings how will the bond's price be affected by a potential change in interest rates by 1% ? Required: Provide solutions to the above