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A) You own a bond with a modified duration of 5.59 if interest rates fall 1.8% what is the predicted perentage price change? (please write

A) You own a bond with a modified duration of 5.59 if interest rates fall 1.8% what is the predicted perentage price change? (please write in decimal format so 15.2% should be wirtten .152) Please write percentage gains in positive numbers and percentage loses in negative numbers (with a - sign in front) Please use 5 decimal places in your response

B) Calculate duration of a one year semiannual 6% coupon bond, 1000 par, with a 5% YTM. For this question find all answers to at least the 6th decimal place. Use this information to calculate the price of this bond. Use the bond's price to calculate the duration of the bond. Please fill in below your answer for the bond's duration.

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