You are given the following data. The Coupon Payment is $100 on a 10-year bond (10 years until maturity) with a Face Value of $1000. The current interest rate (YTM) is 15%. Fill in the following table.

1. What is the Price of this bond?

2. Determine (Macaulay) Duration for this bond. Show the LAST TWO calculations in the table above (col. 4 & 5).

Year Cash Flow (CF) Present Value (PV) Weight Weighted Maturity 1 2 3 4 5 6 7 8 9 10 10 P= DUR=