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H K L Q2. Here are the prices of three bonds with 10-year maturities: Bond coupon (%) 2% 4 Price (%) 81.62% 96.39 133.42 8%

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H K L Q2. Here are the prices of three bonds with 10-year maturities: Bond coupon (%) 2% 4 Price (%) 81.62% 96.39 133.42 8% If coupons are paid annually, which bond offered the highest yield to maturity? Which had the lowest? Which bonds had the longest and shortest durations? (6 marks)

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