23. You are currently holdinga bond with 10% coupon paid smally, 10% value. How much is the modified duration of this bond a. 2.49 years. b. 2.74 years. c. 2.89 years. d. 3 years. 24. A bond has has duration of 3.25 years, YTM of 10%, semiannua 3.25 According to the linear approximation based on modified approximately be the price change (in S) if the YTM increases by 0.5%? and is currently selling, a 591 duration (without convexity correction), how much wili a. -$3.25 b. -$4.86 c. -$15.03 d. -$15.78 e. None of the above options is conr A bond has modified duration of 4.17 years, YTM of 8%, semiannual coupon payments, convexity of 204 currently selling at $1,015. According to the approximation based on modified duration with corres convexity, how much will approximately be the price change (in S) if the YTM increases by 196 25. a. -$30.34 b. -$31.97 c.-$40.70 d. -$42.33 e. None of the above options is correct