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Question 2 As an aggressive investor, your investment objective is to maximize capital gains. You are considering to trade bonds. The information for the bonds available on the market is as follows: Bond A with modified duration of 7.56 years with yield to maturity of 10% Bond B with modified duration of 8.36 years with yield to maturity of 9% Bond C with modified duration of 9.75 years with yield to maturity of 8% If the bonds are alike in all other respects, determine the bond you should trade if you believe the market interest rates are going to decrease from current rate of 8% to 7.5% in the near future. Explain and provide a numerical evidence to support your answer. (9 marks)