Assignment 6. Fixed Income Investing Bond Samsun Toshiba Par $1K $1K Maturit ears 2 years Coupon 6% Frequency Annual Annual Yield (Annual) 4% 4% 1. In full years, what is the duration and modified duration of the Samsung bond? 2. Using the modified duration, what will be the approximate change in the price of the Samsung bond if yields increase by 2%? 3. You find that the Toshiba bond has a higher modified duration than the Samsung bond. What does this imply about the Toshiba bond's coupon rate? 4, You decide to short the Samsung bond. You believe interest rates will change by 2%. Using modified duration you decide to offset your interest rate risk. You take a long position in zero coupon T bills that will mature in 2 years and have an annual yield of 4%. What's the market value of the T bill that you purchased