Question: Use the following information to answer the question below. Consider a 2 year, 51000 bond, with 5% coupon rate making semiannual coupon payment. The yield

 Use the following information to answer the question below. Consider a

Use the following information to answer the question below. Consider a 2 year, 51000 bond, with 5% coupon rate making semiannual coupon payment. The yield curve is flat at YTM-4.239. What is the duration of the bond? Pick the closest answer 1.83 years 1.93 years 2.00 years 2.55 years QUESTION 17 Use the following information to answer the question below: Consider a 2-year, 51000 bond, with 54 coupon rate making semiannual coupon payment. The yield curve is flat at YTM-4.239. Use the duration rule to calculate the change in price when interest rates go up by 3% (300 bps). -3.996 -4.396 -5.696 -7.196 Click Save and Submit to save and submit. Click Save All Answers to save all ansvers

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