Using only the duration figures below, what is the estimated new price of Bonds A and B, given a 100 basis point (1%) increase in market interest rates? (Do not solve for PV on your calculator or spreadsheet.) Bond A: duration = 3 years, price = 100 = Bond B: duration = 5 years, price = 104.055 = [Note that the duration figures above ARE NOT the correct answers from the previous question.] Expected % change in value = -mDuration x expected change in yield-to-maturity After you determine the expected percent price change, apply this percent change to the original prices listed above to calculate the expected new prices. Using only the duration figures below, what is the estimated new price of Bonds A and B, given a 100 basis point (1%) increase in market interest rates? (Do not solve for PV on your calculator or spreadsheet.) Bond A: duration = 3 years, price = 100 = Bond B: duration = 5 years, price = 104.055 = [Note that the duration figures above ARE NOT the correct answers from the previous question.] Expected % change in value = -mDuration x expected change in yield-to-maturity After you determine the expected percent price change, apply this percent change to the original prices listed above to calculate the expected new prices