Please Just answer #3 please dont be lazy and refund question I pay good money to have one question answered.

Questions 1. What's the price value of a basis point for a 15-year 7.25% semiannual bond with initial YTM 7.5% and par value $1,000? (3 points) 2. Yield value of a price change is defined as the change in yield for $X change in price. Assuming the par value is $1,000, what is the yield value of a $25 decrease of the following two bonds? (4 points) (1) A 7-year 5% semiannual bond with initial YTM 7.5%. (3 points) (2) A 7-year 10% semiannual bond with initial YTM 7.5%. (3 points) Which bond has higher percentage price volatility? Comment. (1 point) 3. What are the five Malkiel's Theorems of bond price? List them and provide brief explanations for each of them. (5 points) Questions 1. What's the price value of a basis point for a 15-year 7.25% semiannual bond with initial YTM 7.5% and par value $1,000? (3 points) 2. Yield value of a price change is defined as the change in yield for $X change in price. Assuming the par value is $1,000, what is the yield value of a $25 decrease of the following two bonds? (4 points) (1) A 7-year 5% semiannual bond with initial YTM 7.5%. (3 points) (2) A 7-year 10% semiannual bond with initial YTM 7.5%. (3 points) Which bond has higher percentage price volatility? Comment. (1 point) 3. What are the five Malkiel's Theorems of bond price? List them and provide brief explanations for each of them. (5 points)