Fixed Income - Q continuous, percentage, yesterday

mkytz15

1) Yesterday’s yield is 6.18% and today’s yield is 6.10%. The percentage yield change from yesterday to today, assuming continuous compounding, is closest to:
A) -1.098%
B) -1.2945%
C) -1.303%
2) Current yield on a bond is 7.19% and bond’s standard deviation is 11.3%. The 99.7% confidence interval for the yield is closest to:
A) 6.32%, 8.04%
B) 5.56%, 8.81%
C) 4.75%, 9.63%
3) If there are 250 days trading days in a year and the daily historical yield volatility is 0.34%, the annual standard deviation of the yield is closest to:
A) 5.38%
B) 0.85%
C) 6.84%

Spongebob

1) ln that bad boy
2) 7.19+/- 3(.113)
3).34*sqrt(250)
damil fo real