A bond matures in 15 years, has a 12-year duration and a yield to maturity of 4%, with coupons paid annually. The modified duration is 11.54 years. 12.48 years. 10.45 years. 12.00 years. What is the yield-to-maturity of a $1,000, 4% coupon bond, coupons paid semiannually, that matures in 8 years and currently sells for $1,120? O 1.17% 3.28% 2.35% 4.20%