A bond has 5 years to maturity, a parvalue of $1,000, a coupon rate of 5%, and makes interest payments semi-annually. The bonds yield to maturity is 5%, what is the bonds DVOI? a. $1,000 b. $2.13 c. $23.45 d. $.4374 6. A bond has a modified duration of 3.7, and a convexity of 544.67. The bond is currently tradin $786.00, with a YTM of 8.8%. If interest rates decline by 50 basis points, what will be the new pl the bond? a. $768.94 b. $712.87 c. $803.06 d. $786.00