PLEASE ANSWER ALL THE QUESTIONS CORRCETLY AND LABEL THEM

A bond for the Chelle Corporation has the following characteristics: Maturity =12 years Coupon 12% Yield to maturity 10.50% Macaulay duration 6.90 years Convexity - 61.99 Noncalable Assume bond pays interest semiannualiy. Use only the data provided in the table above (in the problem statement) for your caiculations. a. Calculate the approximate price change for this bond using only its duration, assuming its yieid to maturity increased by 100 basis points. Do not round intermediate cakculations. Round your answer to two decimal places, Use a minus sign to enter negative value, if any. Percentage change in price: When you are dealing with large yield changes to calculate more precise bond price change. b. Calculate the approximate price change for this bond, using only duration, if its yieid to maturity declined by 200 basis points. Do not round intermediate caiculations. Round your answer to two decimal places. Use a minus sign to enter negative value, if any. Percentage change in price: c. Calculate the approximate price change for this bond using both duration and convexity in the computation, once again assuming that its yield to maturity decined ty 200 basis points. Do not round intermediate calculations. Round your answer to two decimal places. Use a minus sign to enter negative value, if any. Percentage chenge in price: a. Discuss (without caiculations) what would happen to your estimate of the price change if this was a callable bend. When rates decline, the price of callable bend increases at a rate than the price of noncallable bond