Dear tutor,

Grateful for your help solving end of chapter questions as in the attached files.

Q1. A 9-year bond has a yield of 13% and a duration of 7.522 years. If the market yield changes by 70 basis points, what is the percentage change in the band's price? (Assume modied duration and a positive increase in yield change. Do not round intermediate calculations. Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) 02 - a. Find the duration of a 6.6% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6.6%. Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answer to 3 decimal places.) b. What is the duration if the yield to maturity is 9%? Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Q3 Find the duration of a 7.6% coupon bond making semiannuaiiy coupon payments if it has three years until maturity and has a yield to maturity of 6.0%. What is the duration if the yield to maturity is 12.0%? Note: The face value of the bond is $100. (Do not round intermediate calculations. Round your answers to 4 decimal places.) 6% YTM Years 1 2% YTM Yea r3