Question: Assume bond pays interest semiannvally. Use only the data provided in the table above (in the problem statement) for your calculations. a. Calculate the approximate

Assume bond pays interest semiannvally. Use only the data provided in the table above (in the problem statement) for your calculations. a. Calculate the approximate price change for this bond using only its duration, assuming its yield to maturity increased by 200 basis points. Do not round intermediate calculations, Round your answer to two decimal places. Use a minus sign to enter negative value, If any. Percentage change in price: When you are dealing with large yield changes to calculate more precise bond price change on price change. b. Calculate the approximate price change for this bond, using only duration, if its yleld to maturity declined by A00 basis points, Do not round intermediate calculations. Round your answer to two decimal places. Use a mimus sign to enter negative value, if any. Percentage change in price: c. Calculate the approximate price change for this bond using both duration and convexity in the computation, once again assuming that its yleld to maturity declined by 400 basis points. Do not round intermediate calculations. Round your answer to two decimal places. Use a minus sign to enter negative value, if any. Peroentage change in price: d. Discuss (without caiculations) what would happen to your estimate of the price change if this was a callable bond. When rates decline, the price of cailable bond increases at a rate than the price of noncallable bond

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