Question: b) ( 7 points) If interest rates fall 0.25% from the given YTM, by what percent will the bond change in value? Show this 2

b) ( 7 points) If interest rates fall 0.25% from the given YTM, by what percent will the bond change in value? Show this 2 ways as we did in class; (using modified duration and the capital gains formula method)

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