A three$-$year $6\%$ coupon corporate bond $($BOND N$)$ sells at $996$:$35.$ Coupons are paid semi$-$annually and the face value of bond N is $1,000.$ You are given the following theoretical Treasury annual spot rate valuesPeriod Spot Rate $(\%)13\mathrm{.}023\mathrm{.}533\mathrm{.}944\mathrm{.}254\mathrm{.}765\mathrm{.}01.$ Calculate the new bond prices if interest rates increased for each maturity point by $120$B annually.and by $150$BP annually$2.$ What is the value of the Static Spread in basis point $($P$)?$