Question: please help on 7 and 8 Question 7 1 pts Multiple questions require the following scenario. Bonds A and B are discount bonds with face
Question 7 1 pts Multiple questions require the following scenario. Bonds A and B are discount bonds with face value of $100. Assume yield to maturity on both bonds is 5%. Bond A has maturity of 10 years and bond B has maturity of 4 years. What is the duration of bond A? Question 8 1 pts Multiple questions require the following scenario. Bonds A and B are discount bonds with face value of $100. Assume yield to maturity on both bonds is 5%. Bond A has maturity of 10 years and bond B has maturity of 4 years. Suppose that yield to maturity increases to 6%. Calculate the percent change in price of bond A Answer as a percent, round to two decimal places and do not enter a % sign
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