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QUESTION 9 A pension fund must pay out $1 million next year, $2 million the following year and then $3 million the year after that.

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QUESTION 9 A pension fund must pay out $1 million next year, $2 million the following year and then $3 million the year after that. If the discount rate is 8%, what is the standard duration of this set of payments? 2.29 years O 2.0 years 2.15 years 2.53 years 0.4 QUESTION 10 You would typically find all of the following except which one in a bond indenture? Click Save and Submit toate and submit. Click Save All Art to save all answers QUESTION 17 0. A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years and is selling today at $785. The actual yield to maturity on this bond is 9.62% 9.12% 8.82% 7.24% LECTION 10 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save Alt Answers

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