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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities: Bond Coupon % Price % 2 83 4 102 8

Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities:

Bond Coupon %	Price %
2	83
4	102
8	133

a. What is the yield to maturity of each bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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