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Brealey: Fundamentals of Corporate Finance, 9e- SmartStart Course PPT for the 10/17 course& Project 1 for extra credit (optional) . Points: 0 Instructions: I am

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Brealey: Fundamentals of Corporate Finance, 9e- SmartStart Course PPT for the 10/17 course& Project 1 for extra credit (optional) . Points: 0 Instructions: I am sorry that my lecturing during the class is so bad that you guys cannot understand the concept of modified duration. I have made a decision that the first project that worth 10% credit is about the modified duration. The attached excel actually contains a simulation I tried to use to illustrate modified duration. If you want the extra credit, you need to 1. understand what the simulation is doing, and write down your understanding of the numbers and graph. (7%) Then you can choose from the following two 2, try to use the data ' collected in the first sheet to apply the formula of PV or the concept or interest rate risk. (3%) 3, try to design a portfolio of bonds, and design a simulation that illustrate the modified duration of that portfolio (3%) Together (1+2 or 1-3) , you can earn 10% credit. From your instructor: Brealey9elPPTCh06.pptx achap.6.3.xlsx Brealey: Fundamentals of Corporate Finance, 9e- SmartStart Course PPT for the 10/17 course& Project 1 for extra credit (optional) . Points: 0 Instructions: I am sorry that my lecturing during the class is so bad that you guys cannot understand the concept of modified duration. I have made a decision that the first project that worth 10% credit is about the modified duration. The attached excel actually contains a simulation I tried to use to illustrate modified duration. If you want the extra credit, you need to 1. understand what the simulation is doing, and write down your understanding of the numbers and graph. (7%) Then you can choose from the following two 2, try to use the data ' collected in the first sheet to apply the formula of PV or the concept or interest rate risk. (3%) 3, try to design a portfolio of bonds, and design a simulation that illustrate the modified duration of that portfolio (3%) Together (1+2 or 1-3) , you can earn 10% credit. From your instructor: Brealey9elPPTCh06.pptx achap.6.3.xlsx

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