BUSN 379 DeVry Week 3 Homework Downloading is very simple, you can download this Course here: http://mindsblow.us/question_des/BUSN379DeVryWeek3Homework/4462 Or Contact us at: firstname.lastname@example.org BUSN 379 DeVry Week 3 Homework BUSN379 BUSN 379 DeVry Week 3 Homework Chapter 6: 16 Chapter 7: 11 and 12 Week 3Assignment.Chapter 6: 16 and Chapter 7: 11 and 12 6.16.Find % Change of Bond Bill and Ted(24/24) a.If the YTM suddenly rises to 9 percent:(Show work): b.If the YTM suddenly falls to 5 percent: c. d. What does this problem tell you about the interest rate risk of longer-term bonds? 7.11.With a return of 8 percent on this stock, how much should you pay? (4/4) 7.12.Value a stock with two different required returns. Use the constant growth model.(12/12) a.Price @ required return of 12%: b.Price @ required return of 8%: c.What does a higher required return meanto the stock ? 6.16d: All else the same, the longer the maturity of a bond, the greater is its price sensitivity to changes in interest rates. 7.12c All else held constant, a higher required return means that the stock will sell for a lower price. Also, notice that the stock price is very sensitive to the required return. In this case, the required return fell by 1/3 but the stock price more than doubled.