Please answer the three questions which follow based on the following information:

A bond portfolio consists of a 2-year zero-coupon bond with a face value of $3,000,000 and a 10-year zero-coupon bond with a face value of $5,000,000. The current yield on the portfolio is 10% per annum.

What is the dollar duration of this portfolio? Round to the nearest thousand dollars.

1. What is the duration of the portfolio, rounded one digit below decimal? Assume continuous compounding.

2. What is DV01? Round to the nearest thousand dollars.