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Consider the following a. What is the duration of a four-year Treasury bond with a 10 percent semiannual coupon selling at par? (Do not round
Consider the following a. What is the duration of a four-year Treasury bond with a 10 percent semiannual coupon selling at par? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Duration of the bond years b. What is the duration of a three-year Treasury bond with a 10 percent semiannual coupon selling at par? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Duration of the bond years c. What is the duration of a two-year Treasury bond with a 10 percent semiannual coupon selling at par? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Duration of the bond years
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