Help me with the third question please

Compute the 1-year expected return for the following bond portfolio. How is this return different from YTM i.e. what are the assumptions when using YTM as a return measure? - 3\% coupon, 7-year bond, ( 1100 par value), Current YTM = 3.6% - Benchmark Yields are expected to go down by 75 bps - Credit spreads are expected to drop by 2550bps. - The Euro is expected to depreciate by 23% over the next year - The bonds have a modified duration of 6.5 and a convexity of 18