Can you please write down the solutions on paper? Don't use excel.

We consider a portfolio composed of unit quantity of each of these two bonds (one unit of bond A and one unit of bond B), whose features are given below. Coupons are paid annually. Bond A Bond B Maturity 3 years 6 years Coupon 6% 7% YTM 5% 8% a) (5 marks) Compute the yield-to-maturity of the portfolio b) (15 marks) Estimate the dollar duration and dollar convexity of the portfolio We consider a portfolio composed of unit quantity of each of these two bonds (one unit of bond A and one unit of bond B), whose features are given below. Coupons are paid annually. Bond A Bond B Maturity 3 years 6 years Coupon 6% 7% YTM 5% 8% a) (5 marks) Compute the yield-to-maturity of the portfolio b) (15 marks) Estimate the dollar duration and dollar convexity of the portfolio