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Today is 1 5 May 2 0 2 2 . Emma has just purchased a Treasury bond with a face value of $ 1 0

Today is 15 May 2022. Emma has just purchased a Treasury bond with a face value of $100, maturing at par and paying coupon at j2=3.4% p.a. The purchase price was $100.065. The maturity date of this bond is 15 May 2024.
For the purposes of this question only, assume that Emmas purchase price was not $100.065, and that we dont know her purchase price. Calculate the duration of this Treasury bond. Assume that Emma's purchase yield rate was j2=5.2% p.a. Give your answer in terms of years, rounded to three decimal places. a.1.8930 years b.1.8988 years c.1.9465 years d.1.9494 years

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