1. Duration What is the duration of a bond with three years to maturity and a coupon of 6.1 percent paid annually if the bond sells at par? 2. Duration What is the duration of a bond with four years...

1. Duration What is the duration of a bond with three years to maturity and a coupon of 6.1 percent paid annually if the bond sells at par?

2. Duration What is the duration of a bond with four years to maturity and a coupon of 8.6 percent paid annually if the bond sells at par?

May 26, 2022