Calculate Duration What is the duration of this bond? Assumptions: . Initial price $1,135.90 Semiannual bond, YTM = 8%, coupon = 10%, years = 10, par value = $1,000 Price if rates rise to 10% = $1,000.00 Price if rates decline to 6% = $1,297.55 2.99 13.10 6.55 4.04 5.98