1 points Sa For an investor with a short holding period (e.g. a few years), which of the following is the most appropriate measurement of the rate of return for the bond investor? a. Coupon Rate if it is a discount bond. b. Coupon Rate if it is a premium bond. O c. Current Yield. d. Effective Annual Rate. e. Periodic Rate. f. Yield to Maturity. 1 points Save Answer Hint Convexity= V_+V+-2V. 2V(Ay) Convexity Analytics, a fixed-income investment management company, were investigating the Interest Rate Risk of an "ultra-long" bond recently issued at par -- it is expected that this bond's market rate will NOT fluctuate by more than 1% during their holding period. Completing the following table of calculations, the Convexity measure is [TWO- decimal places] C/Y Yrs CpnRate MktRate: 9.00% 9.50% 10.00% 10.50% 11.00% 1 50 10% BondPrice: $110.96 105.21 $100.00 $95.27 $90.96 Instructions: You do not need to show work. Just calculate this to 2-decimal places and type your answer in the box below. IMPORTANT: Your number format should be exactly TWO-decimal places. For example, 54.12 would be acceptable while 54.123 would be auto-graded incorrectly. Question 12 1 points Save A bond has the following characteristics: CAY | Maturity CpnRate MktRate Face feature 2. 2 6.00% 6.00% $100 noncallable Using the following template, the time-weighted value of period 2 is [FOUR-decimal places] [1] [2] [3] [4] [5] = [4] = [P] [6] = [2] [5] weight of time-weighted PV(CF) PV(CF) value : : : ? ? = ? Period Year CF : : : 2 ? ? : : : Price of bond = Sum of PV(CF) = [P] = du , 08 : : : D= Instructions: You do not need to show work. Just calculate this to 4-decimal places and type your answer in the box below. IMPORTANT: Your number format should be exactly FOUR-decimal places (as a number, not a %). For example 0.1234 and 5.1234 would be acceptable, while. 1234 and 0.1 and 0.12 and 0.123 and 5.1 and 5.12 and 5.123 and 0.1234% would be auto-graded incorrectly. 1.9434 Windows