Question: Question 2 1 pts A bond with a 7.3% yield has modified duration of 4.2 and is trading at 1010. If the yield decreases to

Question 2 1 pts A bond with a 7.3% yield has

Question 2 1 pts A bond with a 7.3% yield has modified duration of 4.2 and is trading at 1010. If the yield decreases to 7.1%, the new bond price is closest to: O 1018.48 O 1226.70 1022.67 O 1009.63

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