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 semianually	4 years
like.inc	7% paid annually	4 years

1. Rank the given bonds from the lowest MV0 to the highest: *

A) Kwai; TikTok; Likee

B) Likee; TikTok; Kwai

C) TikTok; Kwai, Likee

D) TikTok; Likee; Kwai

E) 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

D) 7.1; 4.5; 14.5

E) None of the above

3. The convexity of Kwai bond is equal to: *

A) 21

B) 22.4

C) 24

D) 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 Kwais 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