13. Suppose a bond has a modified duration of 5.5 and a convexity equal to 65. What was is the percentage price change you expect if the bond's annual yield to maturity decreases by 10 bps? a. -0.547% b. -2.669% c. -5.175% d. 0.553% e. 5.825% 14. Suppose you have an investment horizon equal to 5 years. However, the lone security in your portfolio is a zero coupon bond maturity in exactly 10 years. Which of the following statements is true about your portfolio? a. You are more exposed to reinvestment risk. b. You are more exposed to market price risk. c. None of the above