11. Calculate the TRIN statistic based on the information below. Date Advances Declines Volume advancing(m) Volume declining(m) 2/1/2021 870 880 580 670

11. Calculate the TRIN statistic based on the information below. 4. A corporate bond has a 15 -year maturity and pays interest annually. The coupon rate is 6%, and the bond is priced at par. What is the bond's yield to call if the bond is callable in 7 years at 110% of par? 15. A 7-year $1,000 par value bond pays semiannual coupons, and the last coupon was paid 113 days ago. The coupon rate is 6.5%, and the yield to maturity of this bond is 5.4%. What is the accrued interest assuming 182 days in the 6 -month period? 16. A $1,000 par value bond pays semiannual coupons and will mature in 20 years from now. The coupon rate is 5.2%, and the last coupon was paid 79 days ago. What is the invoice price of this bond if the yield to maturity is 5.8% ? (Assume 182 days in the 6 month period.) 7. Consider a 5 -year bond with a 4% coupon rate, and semiannual coupon payments. The par value and the yield to maturity of this bond are 1,000 and 5.2%, respectively. What is the current yield of this bond? 20. A perpetuity pays $55 each year forever. What is the duration of this perpetuity if its yield is 4.5% ? 21. A bond has a duration of four years. If the level of interest rates, which is currently 7.1%, goes down by 40 basis points, what is your expected percentage change in the price of the bond? If the bond was trading at 980 , what would be your capital gain (loss) as a result of the change in interest rates