Suppose that each of Bond A and Bond B have 2 years until maturity and a face value of $1500 each. Consider the following cash flows for the bonds: 0.5 1 1.5 2 $75 $75 $1575 ti (years) Bond ACF:(dollars) PV4 (dollars) Bond BCF (dollars) PV (dollars) $73.15 $69.58 $75 $71.34 $151.90 $144.49 $1425.12 $1651.90 $1494.70 a. Find the purchase price of each bond. b. Assuming the yield remained constant for each bond, determine a continuously compounded yield for each of Bond A and Bond B (as percents to 2 decimal place). c. Determine the duration of each of Bond A and Bond B. Results may be rounded to 3 decimal places. d. Use duration to approximate the change in each bond's price if the yield is decreased by 0.75% compounded continuously. e. Suppose that you were considering investing in one of bonds A or B. Which would you choose and why? Suppose that each of Bond A and Bond B have 2 years until maturity and a face value of $1500 each. Consider the following cash flows for the bonds: 0.5 1 1.5 2 $75 $75 $1575 ti (years) Bond ACF:(dollars) PV4 (dollars) Bond BCF (dollars) PV (dollars) $73.15 $69.58 $75 $71.34 $151.90 $144.49 $1425.12 $1651.90 $1494.70 a. Find the purchase price of each bond. b. Assuming the yield remained constant for each bond, determine a continuously compounded yield for each of Bond A and Bond B (as percents to 2 decimal place). c. Determine the duration of each of Bond A and Bond B. Results may be rounded to 3 decimal places. d. Use duration to approximate the change in each bond's price if the yield is decreased by 0.75% compounded continuously. e. Suppose that you were considering investing in one of bonds A or B. Which would you choose and why