2.aT the portfolio's value is $2,000,000. the portfolio value change if the yield rises by 1 basis point (0.01 % or Take a bond portfolio whose modified duration is-5; How much will 0.0001)? 3 points) b. If you want to hedge this portfolio against an increase different bond whose modified duration is -10, will you buy or sell this hedge bond, and how much in value (i.e. not principal amount) will you in yield (decline in value) using a buy orsell (3 points)