You are considering a bond with the following characteristics: R100 Par Value 12% Annual Coupon 4 Years to Maturity 1.5% Yield to Maturity What is the denominator (Bond Value) of your Duration Calculation? Your a priori expectation is that this bond's Duration will be less than paying bond. What is the Duration of this bond? 2.93 4.67 3.37 6.91 3.09 4 years, given that this is a coupon You are considering a bond with the following characteristics: R100 Par Value 12% Annual Coupon 4 Years to Maturity 1.5% Yield to Maturity What is the denominator (Bond Value) of your Duration Calculation? Your a priori expectation is that this bond's Duration will be less than paying bond. What is the Duration of this bond? 2.93 4.67 3.37 6.91 3.09 4 years, given that this is a coupon You are considering a bond with the following characteristics: R100 Par Value 12% Annual Coupon 4 Years to Maturity 1.5% Yield to Maturity What is the denominator (Bond Value) of your Duration Calculation? Your a priori expectation is that this bond's Duration will be less than paying bond. What is the Duration of this bond? 2.93 4.67 3.37 6.91 3.09 4 years, given that this is a coupon