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Assume coupons are paid annually. Here are the prices of three bonds with 1 0 - year maturities. Assume face value is $ 1 0

Assume coupons are paid annually. Here are the prices of three bonds with

10 -

year maturities. Assume face value is $

100 .

Bond Coupon

(%)

Price

(%) 281.41498.158133.72

What is the yield to maturity of each bond?

What is the duration of each bond?

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