Consider a 17-year zero-coupon bond with a face value of 200. The 17-year spot rate is 9% p.a. nominal. Assume that Macaulay Duration and Modified Duration are expressed as positive numbers. Assuming semi-annual compounding and based on the concept of duration, which statement below is incorrect? The bond will decrease in value by 8.13% if the yield curve shifts upwards by 50 basis points at all maturities. The bond's modified duration is 16.27 years. The bond will increase in value by 364.23 cents if the yield curve shifts downwards by 100 basis points at all maturities. The bond has a Macaulay duration of 17 years. The bond has a price of $44.78