What is the yield to maturity of bond

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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100.

Bond Coupon Price

3 87

5 106

9 137

a. What is the yield to maturity of each bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Reference no: EM132783478

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