You have a 25-year maturity, 10.8% coupon, 10.8% yield bond…

You have a 25-year maturity, 10.8% coupon, 10.8% yield bond with a duration of 10 years and a convexity of 136.3. If the interest rate were to fall 133 basis points, your predicted new price for the bond (including convexity) is __________. (Select the closest answer.)

A pension fund has an average duration of its liabilities eq…

A pension fund has an average duration of its liabilities equal to 15 years. The fund is looking at 6-year maturity zero-coupon bonds and 5% yield perpetuities to immunize its interest rate risk. How much of its portfolio should it allocate to the zero-coupon bonds to immunize if there are no other assets funding the plan?

Who is credited with discovering Louisiana?  What is the nam…

Who is credited with discovering Louisiana?  What is the name of the first Spanish settlement in Florida?  What is the name of the English explorer who sailed up Hudson River under contract with the Dutch East India Company?  What was the purchase price of the Louisiana Purchase?  How did the War of the Jenkins Ear start?