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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities Bond Coupon (%) Price (%) 86.50 105.50 136.50 a. What

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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities Bond Coupon (%) Price (%) 86.50 105.50 136.50 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.) YTM 17.37 % 4.3 % b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Bond Coupon (%) Duration years years years

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