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You manage a $800M bond portfolio and own a bond with an annual coupon of 35.00 with 5 years to maturity. the bond currently trades

You manage a $800M bond portfolio and own a bond with an annual coupon of 35.00 with 5 years to maturity. the bond currently trades at a yield to maturity of .50%

1. What is the coupon rate of the bond?

2. What is the price of the bond?

Assume that the bond has a duration of 4.5 years

3. At YTM of .05% what is the current Yield on the bond?

4. What is the bond's modified duration (assume the bonds current YTM)?

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