Question: PLEASE USE THE NUMBERS THAT ARE NOT CROSSED OUT. TRY TO SHOW IN DETAIL THE CALCULATIONS AND AT LEAST ONE TIME WITH THE FULL FORMULAS

 PLEASE USE THE NUMBERS THAT ARE NOT CROSSED OUT. TRY TO

PLEASE USE THE NUMBERS THAT ARE NOT CROSSED OUT. TRY TO SHOW IN DETAIL THE CALCULATIONS AND AT LEAST ONE TIME WITH THE FULL FORMULAS

WILL GIVE THUMBS UP FOR FULL CORRECT ANSWER AND IN DETAIL. THANK YOU

Consider the following. (LG 3-7) a. What is the duration of a five-year Treasury bond with a 19 percent semiannual coupon selling at par? 12.5 b. What is the duration of the above bond if the yield to maturity (ytm) increases to 14 percent? What if the ytm increases to 16 percent? c. What can you conclude about the relationship between duration and yield to maturity? 12

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