Consider the same 3-year 5% annual coupon bond with $1,000 face value and yield to maturity of 6%. If its YTM were to go up by one basis point (to 6.01%), how much would its value change? Answer in dollars, rounded to three decimal places. What is the DVO1 of a 5% semi-annual coupon bond with face value of $1,000, yield to maturity of 5%, and MacD of 4.825 years? Answer in dollars rounded to the nearest cent. (Hint: You don't need to calculate the value of this bond. Notice that Coupon Rate = YTM. Recall bond property #2.] Consider a bond portfolio worth $2,300,000. The portfolio has an average Modified Duration of 14.5 years. What would be the approximate new value of the portfolio if interest rates were to go up 10 basis points? Answer in dollars