Question: Suppose that the yield curve is initially flat at 2 % ( i . e . the yield to maturity on all zero coupon bonds

Suppose that the yield curve is initially flat at 2%(i.e. the yield to maturity on all zero coupon bonds and coupon paying bonds is the same for all maturities =2%). Which bond position would increase in value by the largest dollar amount if the yield curve shifts up in parallel to 3%?
Utilizing the same information as in Question 9, find the duration of the same treasury bond.

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