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Asap Q24. An annual 7%. I 14-year bond has a yield to maturity of 6% and duration of 9.57 years. f the marke bond's price?

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Q24. An annual 7%. I 14-year bond has a yield to maturity of 6% and duration of 9.57 years. f the marke bond's price? a. 0.39% b. 3.97% C. 4.21% f yield changes by 44 basis points, how much change will there be in the d. 3.93% e. None of these is correct. G25. Consider a bond selling at par with modified duration of 22-years and convexity of 415. What would the yield to maturity decreases by 2% point? be the percentage price change according to the duration-with-convexity rule it a. 4.48% b. 25.4% C.-35.7% d. 52.3% e. None of these is correct Good Luck

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