You are considering a bond with the following characteristics: R100 Par Value 10% Annual Coupon 5 Years to Maturity 7% Yield to Maturity What is the denominator (Bond Value) of your Duration Calculation? ( 88.63 or 116.17 or 112.30 or 85.95 or 128.93)

Your a priori expectation is that this bond's Duration will be less than .........years, given that this is a coupon paying bond.

What is the Duration of this bond? (4.34 / 7.94 / 4.57 / 4.22 / 5.12 )