Question: Problem 3 - 3 6 ( LG 3 - 7 ) The answers in the picture are wrong Consider the following. a . What is
Problem LG The answers in the picture are wrong
Consider the following.
a What is the duration of a fouryear Treasury bond with a percent semiannual coupon selling at par?
b What is the duration of a threeyear Treasury bond with a percent semiannual coupon selling at par?
c What is the duration of a twoyear Treasury bond with a percent semiannual coupon selling at par?
For all requirements, do not round intermediate calculations. Round your answers to decimal places. eg
Answer is complete but not entirely correct.
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