Please help with the following questions:

QUESTION 6 Consider the following statements. Statement 1: Agency RMBS represents the largest segment in the asset-backed securities market. Statement 2: The waterfall structure of an agency RMBS is designed to redistribute prepayment risk. Which of the following is most likely? Only Statement 1 is correct. Only Statement 2 is correct. Both statements are correct. QUESTION 7 Consider the following spots rates in the market: 1-year 0.45% 2-year 1.09% 3 year 1.66% 4 year 2.1596 What would be the implied "1y2y" forward rate? 2.54% 2.27%. 2.06% QUESTION 8 A 12-year bond pays coupon quarterly. With a yield-to-maturity of 6%, the bond is trading at $978.72. The bond's coupon rate is closest to: 5.75%. 5.50%. 5.00%. QUESTION 9 A bond has an annual modified duration of 7.14 and annual convexity of 66.20. The band's yield-to-maturity is expected increase by 50 basis points. The expected price change is: -3.40%. -3.49%. -3.57%