Use the table below for the questions that follow, and assume semi-annual interest payments.

Bond

Coupon Rate

Yield

Maturity

A

6%

4.5%

3 years

B

Zero coupon

6.25%

7 years

Based on your answer for the duration of Bond B, what isthe duration predicted dollar price changefor a 1% increase in interest rates?Remember, positive and negative signs matter!