Use the following information for the next three problems: Consider a bond with a face value of $1,000,10% annual coupons, and two years of maturity. Its current yield to maturity is 0%. Q17 (4 pts) What is the bond's price? A. $826.45 B. $1,000 C. $1,100 D. $1,200 E. Not enough information to determine. Q18 (4 pts) What is the bond's duration? A. 1.75 years B. 1.83 years C. 1.92 years D. 2 years E. Not enough information to determine. Q19 (4 pts) Using duration to approximate the effect of an interest rate change, estimate the percent change in the bond's price if yields increase from 0% to 10%. A. The bond's price will decrease by 16.7% B. The bond's price will increase by 17.5%. C. The bond's price will decrease by 17.5% D. The bond's price will increase by 19.2% E. The bond's price will decrease by 19.2% Use the following information for the next three problems: Consider a bond with a face value of $1,000,10% annual coupons, and two years of maturity. Its current yield to maturity is 0%. Q17 (4 pts) What is the bond's price? A. $826.45 B. $1,000 C. $1,100 D. $1,200 E. Not enough information to determine. Q18 (4 pts) What is the bond's duration? A. 1.75 years B. 1.83 years C. 1.92 years D. 2 years E. Not enough information to determine. Q19 (4 pts) Using duration to approximate the effect of an interest rate change, estimate the percent change in the bond's price if yields increase from 0% to 10%. A. The bond's price will decrease by 16.7% B. The bond's price will increase by 17.5%. C. The bond's price will decrease by 17.5% D. The bond's price will increase by 19.2% E. The bond's price will decrease by 19.2%