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You are currently holding a bond with 10% coupon paid annually, 10% YTM, 3-year maturity, and St,000 pa value. How much is the duration of

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You are currently holding a bond with 10% coupon paid annually, 10% YTM, 3-year maturity, and St,000 pa value. How much is the duration of this bond? a. 2.49 years. b. 2.74 years. c. 2.89 years. 22. d. 3 years. e. None of the above options is correct

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