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Chapter 11 - Probem 11-14 begin{tabular}{|l|r|} hline Face Value & 1.000 hline Coupon Rate & 7.75% hline Life in Years & 4

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Chapter 11 - Probem 11-14 \begin{tabular}{|l|r|} \hline Face Value & 1.000 \\ \hline Coupon Rate & 7.75% \\ \hline Life in Years & 4 \\ \hline Yield & 8.25% \\ \hline Frequency & 2 \\ \hline Bond Price & \\ \hline \end{tabular} Macaulay Duration. 11-15. Calculate the a) price, b) duration, and c) convexity given the following information: Face value =$1,000 Coupon rate =7.75% Yield =8.25% Remaining years =4 Redemption =100 Frequency =2

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