Question: Could you write that I can see ( no cursive please, you can type the answer simply :) Problem 3-12 Duration Assume coupons are paid
Could you write that I can see ( no cursive please, you can type the answer simply :)
Problem 3-12 Duration Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100. Bond Coupon (%) 7 9 10 Price (%) 85.50 104.50 135.50 a. What is the yield to maturity of each bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) YTM Bond Coupon (%) 7 9 % % % 10 b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Duration Bond Coupon (%) 7 9 years years 10 years
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