Questions go with the same introduction.

A portfolio manager wants to eliminate the interest rate risk of a bond using duration and convexity measure. The current price of the bond is $820. A valuation model found that if interest rates decline by 30 basis points, the price will increase to $835 and if the interest rates increase by 30 basis points, the price will decline to $807.50. Question 5 (1 point) What is the duration of this bond? 5.5894 5.4890 5.6760 0.5589 What is the convexity measure of this bond? 338.7534 3.3875 332.6680 343.9972