A corporate bond has 2 years to maturity, a coupon rate of 12%, a face value of $1,000 and pays coupons semiannually. The market interest rate for similar bonds is 12.3%.

1. What is the value of the numerator to be used in calculating bond's duration? (Please enter your answer with 6 digits after the decimal point!)

2. What is the bond's duration? (Please enter your answer with 8 digits after the decimal point!)

3. What is the modified duration (MD)? (Please enter your answer with 8 digits after the decimal point!)

4. What is the dollar duration (DD)? (Please enter your answer with 4 digits after the decimal point!)

5. If the market interest rate decreases by 93 basis points, what is the percentage change in bond price (P/P)? (Please enter your answer with 6 digits after the decimal with % sign at the end, .e.g. 9.123456%)

6. If the market interest rate decreases by 93 basis points, what is the dollar change in bond price (P)? (Please enter your answer with 4 digits after the decimal point!)

7. What is the change in bond price if the yield decreases by 1 basis points P-? (Please enter your answer with 8 digits after the decimal point!)

8. What is the change in bond price if the yield increases by 1 basis points, P+? (Please enter your answer with 8 digits after the decimal point!)

9. What is the convexity of the bond? (Please enter your answer with 6 digits after the decimal point!)

10. What is the convexity adjusted percentage change in bond price if market interest rate decreases by 93 basis points%? (Please enter your answer with 6 digits after the decimal point!)