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Consider a bond with a coupon rate of 9%, face value of $1,000, term to maturity of 4 years, and yield to maturity of 5%.

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Consider a bond with a coupon rate of 9%, face value of $1,000, term to maturity of 4 years, and yield to maturity of 5%. Without doing any calculations, which of the price and duration pairings below can be true for this bond? Price=$800,MacD=3.7yearsPrice=$1,250,MacD=3.7yearsPrice=$1,250,MacD=4yearsPrice=$800,MacD=6.6yearsPrice=$800,MacD=4years

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