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1) A 7%, 33-year bond has a yield-to-maturity of 10% and a modified duration of 8.32 years. If the market yield drops by 21 basis

1) A 7%, 33-year bond has a yield-to-maturity of 10% and a modified duration of 8.32 years. If the market yield drops by 21 basis points, how much percentage change will there be in the bonds price?

2)You can analyze the determinants of firm value using _____________________.

		momentum analysis
		technical analysis
		fundamental analysis
		none of the above

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