11.An investor buys a three-year bond with a 5% coupon rate paidannually. The bond, with a yield-to-maturity of 3%, is purchased at a price of 105.6572 per 100 of par value. Assuming a 5-basis point change in yield-to-maturity, the bond's approximate modified duration is closest to:

Group of answer choices

A. 2.78.

B. 2.86.

C. 5.56.

D. None of the above.

12.Which of the following statements isTRUE?

Group of answer choices

A. MacDur and ModDur don't work well with bonds with embedded options.

B. Key rate duration is can address the issue with bonds with embedded option.

C. The duration-predicted price is less than the actual price.

D. Both A and C are correct

Question 13 3 pts Given a semi-annual bond with YTM = 10%, Macaulay Duration = 6. Three investor A, B,C with the following informations: Investment Horizon Interest rate HPR A 6 years Increase 1% 10% B 6.2 years Decrease 1% Higher than 10% C 5.9 years Increase 1% Lower than 10% Which investor estimates their HPR correctly? A. A only. O B. B only. O C. A and B. O D. A and C