Author: Anonymous

Section 3: Writing about Poetry Read the following poem and…

Section 3: Writing about Poetry Read the following poem and answer the questions . Let me not to the marriage of true minds Admit impediments; love is not love Which alters when it alteration finds, Or bends with the remover to remove. O, no, it is an ever-fixèd mark               5 That looks on tempests and is never shaken; It is the star to every wand ring bark, Whose worth s unknown, although his height be taken. Love’s not Time’s fool, though rosy lips and cheeks Within his bending sickle’s compass come;               10 Love alters not with his brief hours and weeks, But bears it out even to the edge of doom.           If this be error and upon me proved,           I never writ, nor no man ever loved.                                        —William Shakespeare (1609)   A line of verse that does not end in punctuation but carries on logically and grammatically to the next line, like line 5 in this poem, is known as

A bond’s current price is $[price].00 and it has a (Macaulay…

A bond’s current price is $[price].00 and it has a (Macaulay) duration of [dur] years and annual coupon payments. What will this bond’s price be if market interest rates fall from [rate1]% to [rate2]%? Round your answer to the nearest two decimals if needed. Do not type the $ symbol. Hint: As a first step, you should convert Macaulay Duration into Modified Duration, which is calculated as: Macaulay Duration / (1 + Rate).