Please help with the following:

QUESTION 44 Consider the following statements. Statement 1: All other things remaining the same. a bond with higher convexity will outperform one with lower convexity in both bull and bear market. Statement 2: Callable bonds exhibit negative convexity at low yields. but traditional fixedrate bonds and putable bonds exhibit positive convexity at all yield levels. Which of the following is most likely? 0 Only Statement 'I is correct. 0 Only Statement 2 is correct. 0 30th statements are COITBCIZ. QUESTION 45 A10-year corporate bond is currently trading at $103.45. improvement in economic conditions has caused the yield spread on the bond to narrow by 200 basis points. Given a modified duration of 6.2 and a convexity of 72.5, the return impact on the bond is closest to: O 40.95%. 0 12.41%. 0 13.25%. QUESTION 46 A180-day U.S. T-bill with a face value of $1,000 is issued at a discount rate of 8% (for a 360-day year]. The bond equivalent yield for this security is closest to: O 3.00%. O 8.45%. O 3.11%. QUESTION 47 In the U.S.. Treasury securities are sold to investors via: 0 Private placements. O Auctions. O Best effort offerings. QUESTION 48 When the market discount rate increases, the value of a traditional, fixed-rate bond: 0 Increases. O Stays the same. 0 Decreases. QUESTION 49 Which of the following statements regarding the single monthly mortality (SMM) rate and the conditional prepayment rate (CPR) is most correct? 0 CPR is the annualized SMM, and is equal to SMM times 12. O CPR is the percentage of the initial loan amount that is prepaid during the year. Q SMM is the percentage of the loan balance at the beginning of the month that is prepaid during the month