A Moving to another question will save this response Question 1 What is the duration for a bond that pays out 1000 in four years time but makes no payment before that time? Assume the YTM 2 02 00 3921 04 0.3678 Moving to another question will save this response CORSAIR Fe F 3 o $ 7 E 936 TAD 0 w E R T Y C 0 CARS LOCK S TI G Moving to another question will save this response Question 4 It a bond with a BB rating has a 15 chance of default, then which is the best estimate for the probability of default for AA rated bond? More than 5% Between 15% and 5 15% OS Moving to the question will save this response