2. Calculate the modified duration of bond B.

3. Calculate the duration-predicted dollar price change resulting from an increase in yields to 9%

Round to 4 decimal places. The sign (+/-) also matters.

4. Calculate the actual dollar price change resulting from an increase in yields to 9%.

Round to 4 decimal places. The sign (+/-) also matters.

Hint: You would need to calculate the new actual price.

Consider the following information and assume that both bonds pay interest annually. a Coupon TYTM 8 Maturity Par Price 100 103.9927 Calculate the Macaulay duration of bond B. Round to 4 decimal places