Can someone help with this problem? attached as an example to help

#9

1. A $100 par value bond with 6.5% annual coupons and maturing at par in 6 years sells at a price to yield 4%. Determine the modified duration of the bond. [9.c-h #02] (HM6.1) A $100 par value bond with 6% annual coupons and maturing at par in 6 years sells at a price to yield 8%. Determine the modified duration of the bond. A) 5.01 B) 4.96 C) 5.06 D) 5.11 E) 5.16 i=4% Mid 6.5v +6.5(2) v? +6.5(3) v3 + ... + 6.5(6)v6 + 100(6)v6 6.5V + 6.5v2 +6.513 + .. +6.576 +IOOV 6.5 (Iala + 600 V6 6.5 a + 100v Mod D = v Mac D = 5.0119 S.2129