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Assume coupons are paid annually Below is the price of a bond with 10-year maturities. Assume face value is $100 Bond Coupon Price (3) 87.00

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Assume coupons are paid annually Below is the price of a bond with 10-year maturities. Assume face value is $100 Bond Coupon Price (3) 87.00 o. What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) YTM Bond Coupon CS) 3 % b. What is the duration of the bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Duration Bond Coupon (%) 3 years

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