Question: please final answer clear thank you! Consider a 6% coupon bond with 2 years to maturity and a face value of $100. Assume the bond

please final answer clear thank you!

Consider a 6% coupon bond with 2 years to maturity and a face value of $100. Assume the bond is trading at a yield of 10%. Approximate the percentage change in price using duration if yield goes down by 68 basis points. Coupons are paid semi-annually. Assume semi-annual compounding. Express your answer in basis points, and round to two decimal places. If your answer is a price decline, then include the negative sign in your answer. An 8% coupon bond with annual payments (face value =10,000 ) currently trades at par. Its annual Macaulay duration is 5.16 years. Suppose yield goes down by 0.51%. Calculate the approximate dollar change in price using duration. Assume annual compounding. Round your answer to 2 decimal places

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