(Answered) Problem 1 here are the prices of three bonds with 10-year

Finance

Problem 1: Here are the prices of three bonds with 10-year maturities:

Bond Coupon (%)	Price (%)
2	81.62
4	98.39
8	133.42

1. If coupons are paid annually, which bond offered the highest yield to maturity?

2. Which had the lowest?

3. Which bonds had the longest and shortest durations?

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