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2 points An annual payment bond has a 15 percent required rate of return. Interest rates are expected to decrease 24 basis points. If the

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2 points An annual payment bond has a 15 percent required rate of return. Interest rates are expected to decrease 24 basis points. If the bond's duration is 9 years, what is the percentage change in bond's price? (write your answer in % and round it to 2 decimal places) Question 22 What is the price of a $1 million T-bill that has a discount yield of 7.677% and is 65 days from maturity? Moving to another question will save this response

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