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c) Calculate the annualized modified duration for each bond. (4 marks) d) Using the calculated modified duration in part c), estimate the price of the

c) Calculate the annualized modified duration for each bond. (4 marks) d) Using the calculated modified duration in part c), estimate the price of the bonds for a 100 basis point interest rate increase. (4 marks)

d) Using the calculated modified duration in part c), estimate the price of the bonds for a 100 basis point interest rate increase. (4 marks)

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