Question: Briefly explain what will happen to a bonds duration measure if each of the following events occur. a. The yield to maturity on the bond

Briefly explain what will happen to a bond’s duration measure if each of the following events occur.
a. The yield to on the bond falls from 8.5% to 8%.
b. The bond gets 1 year closer to its Market interest rates go from 8% to 9%.
d. The bond’s modified duration falls by half a year.

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