Financial Institutions Chapter Fifteen Questions and Problems: (Note: students will be responsible for checking each question to make sure it is free of mistakes with regard to numbers and information) Q10) Bank Beta has an inventory of AAA-rated zero-coupon bonds with a maturity of 13.42 years and a face value of $127,503,041. The modified duration of these bonds is 12.5 year, the DEAR is $2.150,000, and the potential adverse move in yields is 35 basis points. What is the market value of the bonds, the yield on the bonds, and the duration of the bonds? Q14) Bank of Bentley has determined that its inventory of yen () and Swiss franc (SFr) denominated securities is subject to market risk. The spot exchange rates are 120.00/$ and SFr 0.9500/S, respectively. The o's of the spot exchange rates of the Y and SFr, based on the daily changes of spot rates over the past six months, are 75 bp and 55 bp, respectively. Using adverse rate changes in the 99th percentile, the 10-day VARS for the two currencies, and SFr, are $350,000 and $500,000, respectively. Calculate the yen and Swiss franc denominated value position for Bank of Bentley