Question: Please answer this in full, as the previously answered version did not. 6) (10 pts) Consider a hypothetical security that pays a continuous dividend over

Please answer this in full, as the previously answered version did not.Please answer this in full, as the previously answered version did not.

6) (10 pts) Consider a hypothetical security that pays a continuous dividend over time according to D(t) D.(1 + t). Assuming a (constant) CC rate of interest, r, write a SIMPLIFIED expression for the present value and the duration of this security. If r = 10% what maturity ZC bond matches the duration? 6) (10 pts) Consider a hypothetical security that pays a continuous dividend over time according to D(t) D.(1 + t). Assuming a (constant) CC rate of interest, r, write a SIMPLIFIED expression for the present value and the duration of this security. If r = 10% what maturity ZC bond matches the duration

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