A 30-year maturity bond making annual coupon payments with a coupon rate of 12% has duration of 11.54 years and convexity of 192.4. The bond currently sells at a yield to maturity of 8%. a. Find the price of the bond if its yield to maturity falls to 7%. Price _____$ b. What price would be predicted by the duration rule? Price _______$ c. What price would be predicted by the duration-with-convexity rule? Price ______$ d. What is the error for each rule? (Enter absolute values) Error of duration rule _____$ Error of convexity rule ______$