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Consider the following bonds. Use a spreadsheet to respond to the questions.Attached photo shows bond...

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Finance

Consider the following bonds. Use a spreadsheet to respond to the questions.
Attached photo shows bond information.
1. Calculate the Price and Duration of each bond.
2. Estimate the price change given a 1% decrease in YTM for each bond.
3. Assume Bond C is callable after 10 years, at $1100: Estimate the Yield to Call and Duration assuming it will be called after 10 years.
image
\begin{tabular}{|l|l|l|l|} \hline Bond & A & B & C \\ \hline FV & 1000 & 1000 & 1000 \\ \hline Maturity & 5 & 10 & 20 \\ \hline m & 4 & 2 & 1 \\ \hline Coupon rate & 8% & 6% & 5% \\ \hline YTM & 5% & 7% & 9% \\ \hline \end{tabular}

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