X New Tab X X U @ B Q E Final Exam - Under LockDown Browser i Saved Help Save & Exit Submit A 30-year maturity bond making annual coupon payments with a coupon rate of 6.5% has duration of 11.73 years and convexity of 22 199.12. The bond currently sells at a yield to maturity of 9% a. Find the price of the bond if its yield to maturity falls to 8%. b. What price would be predicted by the duration rule? c. What price would be predicted by the duration-with-convexity rule? d-1. What is the percent error for each rule? points d-2. What do you conclude about the accuracy of the two rules? e-1. Find the price of the bond if its yield to maturity increases to 10% 01:58:29 e-2. What price would be predicted by the duration rule? e-3. What price would be predicted by the duration-with-convexity rule? e-4. What is the percent error for each rule? e-5. Are your conclusions about the accuracy of the two rules consistent with parts (a) - (d)? Complete this question by entering your answers in the tabs below. Req A Req B Req C Reg D1 Req D2 Reg E1 Reg E2 Req E3 Req E4 Req ES Find the price of the bond if its yield to maturity falls to 8%. (Do not round intermediate calculations. Round your answer to 2 decimal places. Price of the bond Req B > Mc Graw