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A bond has a face value of $1000, pays an annual coupon of 5%, has 7 years to maturity and is presently priced at $832.

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A bond has a face value of $1000, pays an annual coupon of 5%, has 7 years to maturity and is presently priced at $832. What are the duration and the yield to maturity for this bond? A] Cannot be computed with the information provided B) 8.25% and 7 C) 5% and 7 D] 8.25% and 5.97 E) 8.5% and 5.97

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