A bonds with face value of $100,and pays annual coupon of 6% , due to be redeemed at par in four years. The following extracts are provided on the current government bond yield curve and credit spreads for the sector in which the above bond involved: Current Government Bond Yield Curve Years 1 2 3 4 3.1% 3·5% 4·0% 4·35% Yield spreads (in basis points) Bond Rating 1 year 2 years 3 years 4 years AAA 5 9 14 19 AA 16 22 30 40 A 62 82 93 97 BBB 100 117 125 128 1)The bond’s market with when the bonds credit rating is A ( ) 2) T he duration of the bond is ( )