Firm ABC just issued 10-year semi-annual bonds with a 4 percent coupon rate. What is the market price of a bond if the yield to maturity is 2.9 percent and face value of $1,000? O $1,165.53 $1,165.18 O $1,094.89 O $1,094.31 A bond has a yield to maturity of 7.2 percent and a modified duration of 7.8. If the yield to maturity instantly decreased to 7.0 percent, the bond's price would change by 0 -3.08 O 1.56 O 0.67 0 -1.51 A semi-annual bond has a duration of 5 years, a yield to maturity of 4.2 percent, a coupon rate of 3 percent. What is the bond's modified duration? 4.80 years 4.85 years 4.90 years 4.93 years