1. If a portfolio has a modified duration of 6.899 and interest rate change from 3.2% to 3.0% what is the expected price change? (Please write this in decimal format, write losses as negative numbers and gains as positive numbers, use 5 decimal places, for example write 2.555% as .02555)

2. If duration of a bond is 3.87 years and the current yield in the market is 2.5% what is the modified duration of this bond? (use 5 decimal places)

Answer rating: 100% (QA)

Answer Solution 1 Modified duration 6899 Modified durat... View the full answer