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1. What is the MacD of a 3-year 7% annual coupon bond with a $1,000 face value and yield to maturity of 6%? Round to

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1. What is the MacD of a 3-year 7% annual coupon bond with a $1,000 face value and yield to maturity of 6%? Round to three decimal places. 2. What is the Macaulay Duration of a 1-year 6% semi-annual coupon bond with $100 face value and yield to maturity of 5%? Round to three decimal places. 3. What's the ModD of a semi-annual coupon bond with YTM of 3% and Macaulay Duration of 9.6 years? Round to three decimal places. 4. A hedge fund has a bond portfolio worth $15 million. The portfolio's ModD is 17.2 years. If interest rates (yields) go down 10 basis points, how much would the value of the portfolio change? Enter a positive number if value would increase and a negative number if it would decrease. 1

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