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Consider following term structure of Treasury bill 6-month Period Rate 1 1.50% 2 1.70% 3 2.11% 4 2.98% 5 3.71% 6 4.01% 7 4.82% 8

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Consider following term structure of Treasury bill 6-month Period Rate 1 1.50% 2 1.70% 3 2.11% 4 2.98% 5 3.71% 6 4.01% 7 4.82% 8 5.13% 9 5,45% 10 6.25% 24. What is the price and Macaulay duration of a semi-annual coupon bond whose face value is $1,000 with 4 year maturity and annual coupon rate of 5.4%

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