2.82 years 34. What is the duration of a 9 the discount rate is 897 A 3 years. (B) 2.76 years. D. 3.24 years 00 coupon bond. 51.000 par value that has 3 years left to maturity if Or OF D CF weighed CF (1+0704) 82.56 62.50 o 1990 0.125.75151.5 1090 litaoge = 84.68 2,525.04 999.99 HOCD- 22.59.1 1.2.76 999.99 2759.1. 52.85 ve a portfolio of bonds with an average duration of 5.25 years e the modified duration is 59). What is the app rise or fall 50 basis points? Rates Fall $3.075 million $2.925 million 53.1575 m