Noah Kramer, a fixed$-$income portfolio manager based in the country of Sevista, is considering the purchase of Sevista government bonds. Kramer decides to evaluate two strategies for implementing his investment in Sevista bonds.

Table $1$: Investment strategies $($amounts are market$-$value invested$)$

$\backslash$table$[[$Strategy$,\backslash$table$[[5-$year maturity$],[($Modified duration$],[=4\mathrm{.}81$