1. A bond has 1 year to maturity, 6% coupon, 8% yield and pays semiannually. The price of the bond is $981.139. If yield increases by 25 basis points, estimate the new bond price using the duration model.
2. What are good and bad policy responses to financial shocks?
3. What are things that make a bank fragile?
4. What are major factors in the outcome of a financial crisis?