4a Calculate the price and duration of a 2-year 7% coupon bond if the market rate of interest is 1 1%. (12 pts) 4b. If interest rate rise by 1%, calculate the price change in the above bond. (6 pts) 5. Compute the yield to maturity for a 6% coupon bond (assume annual) that matures in 5 year that is selling for S1100. The par value is $1000. (8 pts) 6. The Quantum Light Company has just recently been organized. It is expected to experience 2% growth for the next year. Then, Quantum Light will grow at an annual rate 06% in the second year and beginning in the third year should attain a 9% growth rate which it will sustain thereafter. The last dividend paid was $1.00 per share. If Quantum Light has a required rate of return of 12%, what is the expected price of the stock today? (15 pts)