Question: please answer asap Answer Question 3 (10 points) The modified duration of a bond portfolio worth $2,600,000 is 4 years. By approximately how much does

 please answer asap Answer Question 3 (10 points) The modified duration

please answer asap

Answer Question 3 (10 points) The modified duration of a bond portfolio worth $2,600,000 is 4 years. By approximately how much does the value of the portfolio change if all yields change by -9 basis points? (hint: use the correct sign) Your Answer: Answer Question 4 (10 points)

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