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Question 9 5 Points The bond face value is $100 and yield is 8%. This bond has a 3-year maturity, 7% coupon rate, paid annually.

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Question 9 5 Points The bond face value is $100 and yield is 8%. This bond has a 3-year maturity, 7% coupon rate, paid annually. The duration of this bond is A 1.81 years. B 3 years. 2.81 years. D) 2.5 years None of them is correct. Question 10 5 Points Which of the following is true regarding duration and coupon interest? A Duration decreases if the coupon interest decreases B Duration increases if the coupon interest increases Duration increases if the coupon interest decreases D A and B are both correct E None of them is correct

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