ternal browser=0&aunchUrl=http%253A%252F%252Flms.mheducat. 02.2 HW Chap 11 Managing Bond Portfolios NP Saved Help Save & E 5 Che A 30-year maturity bond making annual coupon payments with a coupon rate of 15.5% has duration of 11 25 years and convexity of 182.9. The bond currently sells at a yield to maturity of 8% a. Find the price of the bond if its yield to maturity falls to 7%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 25 aints 8 012234 Price of the bond $ 2,054.77 eflook b. What price would be predicted by the duration rule? (Do not round intermediate calculations. Round your answer to 2 decimal places.) References Predicted price $ 2,036.45 c. What price would be predicted by the duration-with-convexity rule? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predicted price $ 2.287.60 search O B ternal browser=0&aunchUrl=http%253A%252F%252Flms.mheducat. 02.2 HW Chap 11 Managing Bond Portfolios NP Saved Help Save & E 5 Che A 30-year maturity bond making annual coupon payments with a coupon rate of 15.5% has duration of 11 25 years and convexity of 182.9. The bond currently sells at a yield to maturity of 8% a. Find the price of the bond if its yield to maturity falls to 7%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 25 aints 8 012234 Price of the bond $ 2,054.77 eflook b. What price would be predicted by the duration rule? (Do not round intermediate calculations. Round your answer to 2 decimal places.) References Predicted price $ 2,036.45 c. What price would be predicted by the duration-with-convexity rule? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predicted price $ 2.287.60 search O B