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Consider the following. a . What is the duration of a four - year Treasury bond with a 1 2 percent semiannual coupon selling at

Consider the following.
a. What is the duration of a four-year Treasury bond with a 12 percent semiannual coupon selling at par?
b. What is the duration of a three-year Treasury bond with a 12 percent semiannual coupon selling at par?
c. What is the duration of a two-year Treasury bond with a 12 percent semiannual coupon selling at par?
(For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places. (e.g.,32.16))
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