Question: d) Comment on the relationship between bond prices and yield to maturity with reference to the $ amount of estimation error within your projection of
d) Comment on the relationship between bond prices and yield to maturity with reference to the $ amount of estimation error within your projection of the portfolio value using only Duration. [15 marks] e) Discuss the link that Duration or Modified Duration have with: i. Time to Maturity Yield to Maturity iii. Coupon Rate [15 marks]
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