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(Solved) A particular bond pays $3,330 at the end of 1 year, $2,450 at the end of 2 years and $5,390 at the end of 3 years. The yield to maturity for the

Question: A particular bond pays $3,330 at the end of 1 year, $2,450 at the end of 2 years and $5,390 at the end of 3 years. The yield to maturity for the bond is 0.14. What is the present value of this bond? (Answer to the nearest 2 decimal places) What is the duration of this bond? (Answer in years to 2 decimal places)

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