1. A 1.000 $ par value bond with 5 years left to maturity pays an interest payment semiannually with a 6% coupon rate and is priced to have a 5% yield to maturity. If interest rates surprisingly increase by 0,5% right now, by how much would the bond's price change?

a) 20,16 $

b) 21,16 $

c) 22,16 $

d) 23,16 $

e) Other:

2. Suppose that, a zero-coupon bond with a maturity of 20 years and with a par value of 1.000 $ is sold for an annual market yield of 10%. What would be the duration of the bond?

a) 17

b) 18

c) 19

d) 20

e) Other: