Please answer the following questions.

1) Analysts predict that over the next year, Thete, Inc.s common stock has a 20% chance of returning 8%, a 50% chance of returning 18%, and a 30% chance of returning 25%. What is the standard deviation of returns on Thete, Inc.s common stock? Submit your answer as a percentage and round to two decimal places.

2) Consider a 17-year bond with face value $1,000 that pays a 9.3% coupon on an annual basis and has a yield-to-maturity of 6.8%. What is the approximate percentage change in the price of bond if interest rates in the economy are expected to increase by 1.20% over the next year? Submit your answer as a percentage and round to two decimal places. (Hint: What is the expected price of the bond before and after the change in interest rates?)