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Can some one answer #14 please? I already have #13 done, but #14 is tripping me up. Question 13 1 pts You are saving so

Can some one answer #14 please? I already have #13 done, but #14 is tripping me up.

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Question 13 1 pts You are saving so that you can take your dream trip around the world in 5 years. To do so, you buy a newly issued, 12-year, 8% annual coupon bond. The bond is purchased at par value, so its yield to maturity is 8% stated as an effective annual rate. You plan to liquidate the bond in 5 years so that you can pay for your trip. What is the duration gap in this scenario? Round your answer to three decimal places. D Question 14 1 pts Use the same information as the question above. You are saving so that you can take your dream trip around the world in 5 years. To do so, you buy a newly issued, 12-year, 8% annual coupon bond. The bond is purchased at par value, so its yield to maturity is 8% stated as an effective annual rate. You plan to liquidate the bond in 5 years so that you can pay for your trip, True or False: In this scenario, coupon reinvestment risk dominates market price risk so your risk is to lower interest rates. If you answer"false" provide an explanation/supporting work in your uploaded document. True False

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