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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 four-year Treasury bond with a 5 percent semiannual coupon selling at par?
b. What is the duration of a three-year Treasury bond with a 5 percent semiannual coupon selling at par?
c. What is the duration of a two-year Treasury bond with a 5 percent semiannual coupon selling at par?
Note: For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places (e.g-,32.16). Use $1,000 as the face value.
\table[[a. Duration of the bond,,years],[b. Duration of the bond,,years],[c. Duration of the bond,,years]]
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