The market index dropped 39.35% during the last year. What percentage increase is necessary to recover the 39.35% loss?

Enter your answer below rounded to 2 decimal places and without a percentage sign. For example, if your answer is 11.371, enter it as 11.37.

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You own a $1,000 face value bond that has a 3.0% annual coupon and it matures in 6-years. The bond currently trades at its face value. You anticipate interest rates will fall to 1.0%. Using the bond's duration, what is the forecasted dollar value change in the value of the bond?

Enter your answer below rounded to the nearest positive or negative whole number and without a dollar sign. For example, if you answer is -66.73, enter it as -67 or if your answer is 81.35, enter it as 81.