ider the following four bonds: Pes or issuing new bonds. Bond Term to maturity (years) Coupon rate (% p.a.) 2 10 B 3 12 3 10 D 3 8 Each bond has a face value of $100 and the current yield is 9% per annum. All bonds pay annual coupons. a) Calculate the current price of each bond b) Calculate the duration of each bond c) Calculate what the price of each bond would be if the market interest rate increased to 11% per annum d) What would be the percentage capital loss on each bond