Chapter 16 A Saved Help Save & Exit Submit Check my work a. Find the duration of a 6.2% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6.2%. Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.) points 6.2% YTM years eBook Print References b. What is the duration if the yield to maturity is 8.4%? Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.) 8.4% YTM years