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Par value of Bond A= $2,000 Time to maturity = 3 years from today Coupon = $126.646 paid annually Price of Bond A today =

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Par value of Bond A= $2,000 Time to maturity = 3 years from today Coupon = $126.646 paid annually Price of Bond A today = $1565.748 YTMA= 12% EAR A. Calculate the duration of Bond A using EAR. B. Suppose I buy Bond A today, hold it for 2.9 years, and sell it. I reinvest all coupons to generate 16% EAR and the bond is priced to yield 16% EAR at the time of sale. Calculate my realized annual yield. Answer needs to be written as an EAR. When answering, please show your steps. Par value of Bond A= $2,000 Time to maturity = 3 years from today Coupon = $126.646 paid annually Price of Bond A today = $1565.748 YTMA= 12% EAR A. Calculate the duration of Bond A using EAR. B. Suppose I buy Bond A today, hold it for 2.9 years, and sell it. I reinvest all coupons to generate 16% EAR and the bond is priced to yield 16% EAR at the time of sale. Calculate my realized annual yield. Answer needs to be written as an EAR. When answering, please show your steps

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