Entered Answer Preview Result Correct Answer 2078.04 2078.04 incorrect 2021.89 incorrect 1.942 At least one of the answers above is NOT correct. 1 of the questions remains unanswered. (1 point) Consider the continuously compounded yield curve y(t, T) = 0.04 -0.035e-0.9(7-). Consider a 2-year $ 2000 bond that's redeemable at par and pays semi-annual coupons at a rate of c(-) = 4%. (0) Determine the bond's purchase price. Purchase Price = $ 2078.04 (II) Determine the duration of the bond to 3 decimals. Duration = years Note: Use the purchase price rounded to the closest cent in your duration calculation