Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100. 2 Bond Coupon (9) 7 9 10 Price (1) 85.50 104.50 135.50 8 00:43:56 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 Bond Coupon (%) 7 % % 9 *** 10 b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Duration Bond Coupon (%) 7 9 10 years years years Mc Dort Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100. 2 Bond Coupon (9) 7 9 10 Price (1) 85.50 104.50 135.50 8 00:43:56 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 Bond Coupon (%) 7 % % 9 *** 10 b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Duration Bond Coupon (%) 7 9 10 years years years Mc Dort