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Consider a 10 year 4% Treasury note, with face $100. (a) Given yield y, what is the equation for the price of the bond? (b)

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Consider a 10 year 4% Treasury note, with face $100. (a) Given yield y, what is the equation for the price of the bond? (b) If y = 5%, what is the price? (C) What is dP/dy evaluated at 5%? (d) Find the modified duration DM of the bond, using the answer in part (c)

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