Hey, help me solve the question and provide me with explanations and calculations. Thank you!

Question 1 Answer saved If there is 9-year bond whose coupon rate is continuously adjusted to equal to its yield to maturity, which one below is closest to the bond's duration? Hint: A bond with coupon rate equal to the yield to maturity will be priced at its face value, i.e., it is a par-value bond as we learnt in lecture 1. Marked out of 1.00 P Flag question Select one: OA. O year OB. 9.00 years OC. There is no sufficient information to get the answer. OD. 8.75 years O E. 8.50 years Clear my choice