Question: (Please do not submit an answer unless you're sure of a correct answer) Assume coupons are paid annually. Here are the prices of three bonds

(Please do not submit an answer unless you're sure of a correct answer)

Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100.

Bond Coupon (%) Price (%)
2 80.22
4 96.79
8 135.42

a. What is the yield to maturity of each bond? b. What is the duration of each bond?

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