What is the duration of a two-year bond that pays an annual coupon of 1 percent and has a current yield to maturity of 2 percent? Use $1,000 as the face value. Round your calculations/answers to two decimals. C/P Hint 1: Step 1. McDUR px = (1 + y)PVIF Any Step 2: McDUR =n -[n- McDURPar] [ - 1 Hint 2: McDUR = PV(cash flows weighted by year of receipt) / PV(cash flows) O 1.91 years 1.97 years 1.99 years O 1.95 years 1.93 years