10% 5% Coupon rate (annual) Yield to maturity Maturity Face value 4 1000 1. The bond has a Macaulay's duration of years. A multiple-choice question with one possible answer.(Required) 1. 3.2 2. 4 3.0 3.8 4. 3.5 2. Consider a 10-year zero coupon bond. Face value =$1000, yield to maturity is 10%, maturity is 10 years. The 10-year zero coupon bond has a Macaulay's duration of years, A multiple-choice question with one possible answer.(Required) 1.9.4 2. 8.5 3. 9.2 4.0 10