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3. Suppose you have six year Euro bond with an 8 percent coupon and 8 percent yield. The duration is approximately, D=6 years, the face

image text in transcribed 3. Suppose you have six year Euro bond with an 8 percent coupon and 8 percent yield. The duration is approximately, D=6 years, the face value is $1000 and the price of the bond is $900. What is the dollar duration? $80 $56 $50.4 $60 3. Suppose you have six year Euro bond with an 8 percent coupon and 8 percent yield. The duration is approximately, D=6 years, the face value is $1000 and the price of the bond is $900. What is the dollar duration? $80 $56 $50.4 $60

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