Question: Please answer question 6 and show work. 6. If the US treasury issued a 5-year zero coupon bond, what is its modified duration? a. If
Please answer question 6 and show work.
6. If the US treasury issued a 5-year zero coupon bond, what is its modified duration? a. If interest rates increased by 2%, what would be the estimate of how much the price would change?
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