Before James Bond was killed in the final Daniel Craig appearance in the title role in the incredibly awful move No Time to Die, Bond learned he had a 6-year-old daughter. Bond wants to provide his daughter with a substantial financial gift on her 15th birthday. Bond had $200,000 to invest in a specific bond and he chose a 25 -year callable bond issued by Spectre Industries (coupon rate of 10%; yield to maturity of 10% ). Using sensitivity analysis, Bond estimates that a 0.5% increase in yields would cause the bond price to change to $961, while a 0.5% decrease would cause the price to change to $1,051. 1. Compute and interpret the effective duration and the effective convexity (2 Points). 2. Estimate the value of the substantial gift on the daughter's 15th birthday (show your calculator steps or submit excel spreadsheet) (3 Points)