attachment for problem 25, problem 25 1 and problem 25 2 in finance 620

Problem 25-6 Duration What is the duration of a bond with three years to maturity and a coupon of 7.4 percent paid annually if the bond sells at par? (Do not round intermediate calculations and round your final answer to 5 decimal places. (e.g., 32.16161)) Duration Problem 25-2 Futures Quotes Suppose you sell seven March 2012 silver futures contracts on November 22, 2011, at the last price of the day. Use Table 25.2. What will your profit or loss be if silver prices turn out to be $31.21 per ounce at expiration? (input amount as a positive value. Do not round intermediate calculations.) $ (Click to select) What will your profit or loss be if silver prices are $30.54 per ounce at expiration? (Input the amount as a positive value. Do not round intermediate calculations.) $ (Click to select) Problem 25-9 Hedging with Futures Suppose today is November 22, 2011, and your firm produces breakfast cereal and needs 90,000 bushels of corn in March 2012 for an upcoming promotion. You would like to lock in your costs today because you are concerned that corn prices might rise between now and March. Use Table 25.2 a. What is the total price are you locking in for the 90,000 bushels of corn based on the day's closing price? (Do not round intermediate calculations.Round your answer to 2 decimal places. (e.g., 32.16)) Total cost $ b. Suppose corn prices are $6.08 per pound in March. What is the profit or loss on your futures position? (Input the amount as positive value. Round your answer to 2 decimal places. (e.g., 32.16)) $ Profit