Answer the below questions for bonds A and B. Bond A Bond B Coupon 8% 9% Yield to maturity 8% 8% Maturity (years) 2 5 Par $100.00 $100.00 Price $100.00 $104.055

c. Compute the approximate duration for bonds A and B using the shortcut formula by changing yields by 200 basis points

d. Compute the approximate convexity measure for both bonds A and B.

it is semi annual bond Approximate

duration=P_-P+/2(p0)(Y change)

approximate convexity=P++P-2P0/P0(y change)^2