Section one You are provided with the following characteristics for different bonds. Assume that the yield-to-maturity for all bonds is 8%. Bonds Coupon Rate Maturity Kwai Inc 5% paid annually 5 years TikTok Inc. 6,5% paid semiannually 4 years Likes Inc 7% paid quarterly 4 years 1. Rank the given bonds from the lowest MVO to the highest: A) Kwal TikTok Likee B) Likee: TikTok; Kwai C) TikTok; Kwal, Likee D) TikTok Likee; Kwai OE) None of the above 2. The durations of TikTok, Kwai and Likee Bonds in years are respectively: A) 3.5: 4.5: 3.5 B) 4.5, 3.5, 3.5 C) 3.5, 4.51;3.5 OD) 7.1;4.5: 14.5 OE) None of the above 3. The convexity of Kwai bond is equal to: * A) 21 B) 22.4 C) 24 OD) 11.2 E) None of the above 4. Assume that the YTM decreases by 150 basis points, which of the following statements is TRUE about Kwai's bond?* A) Its modified duration is more than the old duration by 4 months. B) Its new price is higher than the old price by more than $55.1. C) The percentage variation in its price is lower than 8% D) All of the above E) None of the above