You bought a bond five years ago for $$856$ per bond. The bond is now selling for $$910.$ It also paid $$55$ in interest per year, which youa. What is the duration of a two$-$year bond that pays an annual coupon of $10\mathrm{.}5$ percent and has a current yield to maturity of $12\mathrm{.}7$

percent? Use $$1,000$ as the face value. $($Do not round intermediate calculations. Round your answer to $4$ decimal places. $($e$.$g$.,$

$32\mathrm{.}1616))$

b$.$ What is the duration of a two$-$year zero$-$coupon bond that is yielding $11\mathrm{.}5$ percent? Use $$1,000$ as the face value.

Answer is complete but not entirely correct.

reinvested in the bond. Calculate the realized rate of return earned on this bond. $($Do not round intermediate calculations. Round

your percentage answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

Answer is complete but not entirely correct.