Convert midi file to wav or mp3 using itune

We can Convert midi file to wav or mp3 using itune.
1) Download  itune for free for Windows or Mac from:
http://www.apple.com/asia/itunes/download/
2)Run itune, at the top left corner, click and select show menu
3)In Menu, File->New->Playlist, click add file to library or drag .mid files to itune Window
4)Click Edit->Preference, click General->Import Settings (same row as when you insert a CD)
5) Select import using WAV Encoder or  MP3 Encoder for output for wave or mp3 format.
6) File->Create New version->Create Wav version to output audio in .wav format.
7) Output file location:   Edit->Preference->Advanced, under ITunes Media folder location.