Fixed Income Risk Plot the relationship between Macaulay Duration and tenor (1-60 years) for the following types of bonds, all yielding 10%: (1) zero coupon bond, (2) discount bond, (3) par bond, (4) premium bond and (5) perpetuity. Fixed Income Risk Plot the relationship between Macaulay Duration and tenor (1-60 years) for the following types of bonds, all yielding 10%: (1) zero coupon bond, (2) discount bond, (3) par bond, (4) premium bond and (5) perpetuity