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a . Find the duration of a 7 % coupon bond making annual coupon payments if it has three years until maturity arid a yield

a. Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity arid a yield to maturit 7.1%.(Do not round intermediate calculations. Round your answers to 4 decimal places.)
b. What is the duration if the yield to maturity is 11.1%?(Do not round intermediate calculations. Round your answers to 4 decimal places.)
\table[[YTM,Duration,],[a.7.1% YTM,,Years],[b.11.1% YTM,,Years]]
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