Two bonds are available for purchase in the financial markets. The first bond is a 2-year, $1,000 bond that pays an annual coupon of 10 percent. The second bond is a 2-year, $1,000, zero-coupon bond. (Assume the bonds pay annually). What is the duration of the coupon bond if the current yield-to-maturity (YTM) is 10 percent? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U S TE Paragraph Arial 14px > {:} Ra + P O WORDS POWERED BY TINY