Sheet1Q1aFV100YTM5.31%n3P85.623142231bFV100YTM5.69%n5P75.8281587266Q2FV1000aYTM18.00%YTM27.00%n15P1315.2417049659P2362.4460196424% change14.97%bFV1000YTM18.00%YTM27.00%n9P1500.2489671315P2543.9337425841% change8.73%cFV1000YTM18.00%YTM27.00%n15CPN Rate5%CPN50P1427.9739343963315.2417049659=743.2156393622P2455.3957002555362.4460196424=817.8417198978% change10.04%dFV1000YTM14.50%YTM27.00%n2CPN Rate8%CPN80P1149.8134200224915.7299512374=1065.5433712598P2144.641453402873.4387282732=1018.0801816753% change-4.45%Lowest coupon, longest maturity most sensitiveHighest coupon, shortest maturityleast sensitiveQ3FV1000YTM13.50%YTM23.80%n2CPN Rate8%CPN80P177.29468599031002.3722810652=1079.6669670555P2151.3210895415928.1224824678=1079.4435720093% change-0.02%Q4FV1000YTM15.30%n5P772.4282415215Q5Strike Price32Trade Price42Value of call10

Q7P = current trading price of put2.18S = current trading price of stock30K = strike price32Rf = Risk free interest rate4%Price of call1.4107692308