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7. Using semi-annually compounded yield of 4% p.a., numerically or via eval- uating the formula, compute the PV01 of (a) $1 million 5 year zero

7. Using semi-annually compounded yield of 4% p.a., numerically or via eval- uating the formula, compute the PV01 of (a) $1 million 5 year zero coupon bond (b) $1 million 5 year 4% coupon bond with semi-annual coupon payments (c) $1 million 5 year 4% annuity with semi-annual payments

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