What are the annual yield-to-maturity and duration for the following bonds:
a. A zero-coupon bond reimbursed at $100 in ten years and currently selling at $38.
b. A straight bond reimbursed at $100 in ten years, with an annual coupon of 10% and selling
at $110.
c. A perpetual bond with an annual coupon of $8 and currently selling at $110.

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The Answer of What are the annual yield-to-maturity and duration for the following bonds:
a. A zero-coupon bond reimbursed at $100 in ten years and currently selling at $38.
b. A straight bond reimbursed at $100 in ten years, with an annual coupon of 10% and selling
at $110.
c. A perpetual bond with an annual coupon of $8 and currently selling at $110.

What Are the Annual Yield-To-Maturity and Duration for the Following