A 9-year zero coupon bond with a $1,000 face value has an interest rate of 6.1% per year. What would be the change in the bonds value if the 9-year interest rate were to rise by 18 basis points. (Remember: your answer should not quote in percent or basis points.)

A 6-year bond has an annualized nominal rate of return of 5.9%. Assuming inflation remains at 2.8% per year, what would be its compounded real rate of return over 6 years?