QUESTION 34 A bond has an interest rate duration of 0.25 years and a credit spread duration of 5 years. The bond is priced at par. If interest rates rise 100 bps and the credit spread for the bond declines 15 bps, what is the best estimate of the price of the bond? $99.50 $99.00 $101.00 $100,50 QUESTION 35 A bond has been upgraded from BB-to BBB- What is the most likely impact to an investor with a short position in the bond? The investor will suffer a loss The investor will experience a gain. The investor will be forced to unwind the short position. The investor will have to post less margin