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Bond A has a 7% coupon rate, paid annually. Maturity is in three years. The bond sells at par value $1000 and has a convexity

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Bond A has a 7% coupon rate, paid annually. Maturity is in three years. The bond sells at par value $1000 and has a convexity of 9.6 . Use this information to answer the following three questions. 3. The modified duration of this bond is and the dollar duration of this bond is A. 2.59,2590 B. 2.65,2650 C. 2.81,2810 D. 2.62,2620

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