Question 1 Not yet answered A bond has a duration of 7.5 years. Its current market price is $1,125. Interest rates in the market are 7 percent today. It has been forecasted that interest rates will rise to 9 percent over the next couple of weeks. How will the bond's price change in percentage terms? Marked out of 1.00 Flag question a. The bond's price will fall by 14.02 percent. b. The bond's price will fall by 2 percent. c. The bond's price will rise by 2 percent. d. The bond's price will rise by 14.02 percent. Fit Tir Question 2 A financial institution that uses a long hedge is most likely: Not yet answered Marked out of 1.00 Flag question a. trying to avoid higher borrowing costs or trying to avoid declining asset values. b. trying to avoid declining asset values. c. trying to avoid lower than expected yields from loans and securities. d. trying to avoid higher borrowing costs. Question 3 Not yet The Third National Bank of Edmond reports a net interest margin of 5.83 percent. It has total interest revenues of $275 million and total interest expenses of $210 million. What will be the bank's earning assets total? answered Marked out of 1.00 a. $3,602 million P Flag question b. $1,115 million c. $3,790 million