Bond Z, a Zero coupon bond with a $25,000 par value and a yield to maturity (YTM) of 7.5% with annual compounding that is currently sold at $10.496. What is the duration of this bond? 9 years 14.5 years 10.5 years 12 years D Question 8 0.67 pts John Deere has just issued a $1000 par value, 2-year bond with a 6% coupon rate. The bond has a yield to maturity (YTM) of 6% and pays semi-annual coupon Calculate the duration of this bond. 1.78 years 1.91 years 1.50 years 1.22 years