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Annual coupon rate = 3 . 7 0 % Number of years = 6 Face Value = 1 0 0 0 Price = 1 1

Annual coupon rate=3.70%
Number of years =6
Face Value =1000
Price =1100.27
a)What is the YTM?
b)Calculate Macaulay's duration and convexity using Excel (see textbook for detailed steps, Exhibit 4-5 and Exhibit 4-14)
c)plot the price-yield relationship using excel. Hint: (Calculate prices for different bond yields,e.g.,yields from 0.5% to 23.5%;then your y-axis is yields and y axis is prices. The plot should show an inverse relationship.)
please help thank you so much!
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