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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 year maturities. Assume face value is $
a What is the yield to maturity of each bond? Do not round intermediate calculations. Enter your answers as a percent rounded to
decimal places.
b What is the duration of each bond? Do not round intermediate calculations. Round your answers to decimal places.
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