QUESTION 5 4 points Save Ans Assume a bond has an effective duration of 8.5 and a convexity of 197. Using both of these measures, the estimated percentage change in price for this bond, in response to a decline in yield of 175 basis points, is closest to: -8.17% +16.19% -16.19% -17.89% +17.89% 8.17% Company XXX bonds currently sell for $850. The coupon rate is 5% and is received monthly, have a 84 quarters maturity, and a $1,000 par value, but they can be called in 15.5 semesters at $1,025. The difference between this bond's YTM and its YTC (YTM YTC) is closest to? 1.8% 1.76% -3.19% -1.54% -2.8% 2%