1. A Japanese government bond with a $1,000 face value has a 2.50% annual coupon rate. The bond matures in 5 years. The current YTM on the bond is -0.2% (negative!). What is this bond worth? Round to the nearest cent. 2. You own a bond portfolio worth $70,000. You estimate that your portfolio has an average YTM of 5.0% and a Modified Duration of 20 years. If your portfolio's average YTM were to decrease by 2 basis points, how much would the value of your portfolio change? Round to the nearest cent. (Hint: Answer is positive if the portfolio value increases and negative if the value decreases]