The table below shows the time to maturity for $3$ bonds, a $2-$year, $3-$year, and $5-$year. Each annual coupon bond has a yield to maturity of $\backslash (2\mathrm{.}68\backslash \%\backslash )$ and a coupon rate of $\backslash (4\mathrm{.}25\backslash \%\backslash ).$

Estimate the percent change in bonds price to a percent change in the interest rate, assuming a $10$ basis point change in the interest rates. Then determine the elasticity and duration of the bond.

Duration is $($Click to select$)\backslash ($ v $\backslash )$ the maturity of the bond.

Which of is true for the duration

$\backslash (?\backslash )$ Elasticity and Duration are of the same magnitude

$\backslash (?\backslash )$ Duration is the weighted average time an investor has to wait to receive the bonds payments

$\backslash (?\backslash )$ Duration is the percent change in the bond price to a percent change in interest rates.

$\backslash (?\backslash )$ Duration is the same as the bonds Maturity