At the beginning of 2020, a Frankfurt-based fixed-income trader believes the yield curve will flatten over the next six months following years of quantitative easing by the European Central Bank. She enters into the following flattener using available 2-year and 10-year German government (Bund) zero-coupon securities at the beginning of 2020 (1 point): i. Short 83 million face value of the 2-year Bund with a yield of -0.50% ii. Long 17 million face value of the 10-year Bund with a yield of 0.05% a.) Calculate the current price, modified duration, and money duration for each bond position as well as the (modified) portfolio duration and basis point value. b.) Describe how the portfolio value will change given an increase in the general level of German government interest rates based upon your calculations in a.). c.) Calculate by how much the portfolio value will change if the German government yield curve steepens to 75 basis points