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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100 Bond Coupon (5) 3 Price

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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100 Bond Coupon (5) 3 Price (s) 86.60 105.ee 136.ee 8 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.) Answer is complete but not entirely correct. Bond Coupon (%) YTM 3 11003 6 5.00% Answer is complete but not entirely correct. Bond Coupon (%) 3 YTM 6 11.00 % 5.00 X % 4.00 % 8 b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Bond Newstinn b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Duration Bond Coupon (%) 3 6 8 0.26 years 0.64 years 1.25 3 years

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