Urgent

Calculate the duration of an 8% coupon and zero-coupon bond, each with two years to maturity and face value of Rs 1,000. Assume that the yield to maturity on each bond is 9%, or 4.5% per half year. Each payment is discounted at 4.5% per period for the number of (semi-annual) periods i.e.,4. [5.00 Marks]