assume a $10$ year treasury bond has Macaulay Duration of $8$ years and yield to maturity of $10\%.$ If we expect the bond YTM to decline by $75$ basis points, a$)$ calculate the expected change in the bond price of Ghs$950($note $100$ basis point $=1\%.$ b$)$ Compute the expected change in price for the $10$ year treasury bond if interest rates go up by $0\mathrm{.}75$ percent.