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Q.3 Suppose Bond A has the following characteristics Coupoun Rate 10% Face Value 100 Term 3 Years Coupon Frequecy Annual Yield on a 3 years,

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Q.3 Suppose Bond A has the following characteristics Coupoun Rate 10% Face Value 100 Term 3 Years Coupon Frequecy Annual Yield on a 3 years, 10% government bond is 5% and the default risk premium on Bond Ais 300 basis points. A) What is bond A's price B) What is Bond A's duration

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