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

a. Duration of the bond ______ Years

b. Duration of the bond _______ Years

c. Duration of the bond _________ Years