Question: Please see attached. If answering please show step by step process or if using financial calculator please explain. Find Ilte duration of a 12% eeupen

Please see attached. If answering please show step by step process or if using financial calculator please explain.

Find Ilte duration of a 12% eeupen bend melting annual deepen payments if it has 3 yeare until maturityI end has a yield [a rnamnty at 12%. What is the duralien if the yield to maturity is 10%? Mate: The face value at Ilte band is $1.00!). [De net reund intermediate ealeuletiene. Reund your enewera be 3 decimal pleeea.] Dundee rate WM |:| yeare mew |:|yeare
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