Question 4

Calculate the duration of the security below, using an 8% interest rate. End of period 1 payment $20 End of period 2 payment: $20 End of period 3 payment: $120

Question 5

Calculate the modified duration or volatility of the security below, using an 8% interest rate. End of period 1 payment $20 End of period 2 payment: $20 End of period 3 payment: $120

Question 6

Calculate the duration of the security below, using an 8% interest rate. A bond that makes a single payment of $160 at the end of period 3.