different from the assumption in lectures where key rates were YTM on par bonds. 2-year key 20 Security A1 A2 A3 A4 5-year key 0 50 0 0 0 0 0 10-year key 0 10 5 10 30-year key 0 0 0 20 a) (1 point) If you want to hedge a 2-year coupon-paying bond, which of the above securities (A1, A2, A3, A4) you should use? No justification is needed - just list all required securities. b) (1 point) If you want to hedge a 5-year coupon-paying bond, which of the above securities (A1, A2, A3, A4) you should use? No justification is needed - just list all required securities. C) (3 points) How should you hedge your portfolio that has the 5-year key rate of 100? Specify the exact number of each security (A1, A2, A3, A4) in your hedging portfolio different from the assumption in lectures where key rates were YTM on par bonds. 2-year key 20 Security A1 A2 A3 A4 5-year key 0 50 0 0 0 0 0 10-year key 0 10 5 10 30-year key 0 0 0 20 a) (1 point) If you want to hedge a 2-year coupon-paying bond, which of the above securities (A1, A2, A3, A4) you should use? No justification is needed - just list all required securities. b) (1 point) If you want to hedge a 5-year coupon-paying bond, which of the above securities (A1, A2, A3, A4) you should use? No justification is needed - just list all required securities. C) (3 points) How should you hedge your portfolio that has the 5-year key rate of 100? Specify the exact number of each security (A1, A2, A3, A4) in your hedging portfolio