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Consider the following. a . What is the duration of a four - year Treasury bond with a 5 percent semiannual coupon selling at par?
Consider the following.
a What is the duration of a fouryear Treasury bond with a percent semiannual coupon selling at par?
b What is the duration of a threeyear Treasury bond with a percent semiannual coupon selling at par?
c What is the duration of a twoyear Treasury bond with a percent semiannual coupon selling at par?
Note: For all requirements, do not round intermediate calculations. Round your answers to decimal places eg Use $ as the face value.
tablea Duration of the bond,,yearsb Duration of the bond,,yearsc Duration of the bond,,years
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