: (a) Calculate the yield of a 7Y bond that pay 5% annual interest with annual compounding for a price of 101.375, (b) Calculate the Macaulay duration for the bond in part(a), (c) Calculate the yield of a 10-Y Treasury Bond with 5.5% annualized coupon for a price of 101-05 (i.e. price quoted in 32nds) . All of the above should use discrete compounding (i.e not continous compounding)