Bond ABC has maturity of 1.5 years, coupon rate of 6% (interest paidsemi-annually), and YTM of 10%.

1.Calculate the actual Macaulay duration of this bond in years.(Round to 4 decimal places)

2.Calculate the actual Modified duration of this bond in years.(Round to 4 decimal places)

3.Use the bond's duration to estimate its dollar price change if interest rates increase by 80 bsp.(Enter a percentage number, round to 4 decimal places, beware of the signs (+/-))

4.Then calculate the new price based on duration-predicted price change. (Round to 4 decimal places)