Consider the value of a bond portfolio consisting of one 10-year annual 9.25% coupon bond. The yield to maturity is initially set at 8.60%. One can setup a bond portfolio management, immunization which is a procedure to immunize a bond investment from subsequent interest rate changes. In this respect, you are required to calculate the followings; The bond price in Year 3 following a 100 basis point increase in interest rates The total amount of re-invested coupons in Year 3 following a 100 basis point decrease in interest rates. (b) (c) (d) The Portfolio value in Year 3 following a 100 basis point increase in interest rates. The total amount of re-invested coupons in Year 4 following a 25 basis point increase in interest rates.