Problem 13 Intro An investor currently holds a bond portfolio worth $27 million. The portfolio has a modified duration of 6.9 years. The investor decides to hedge their position by selling T-bond futures with a modified duration of 9.8 years. The futures price is $92 per $100 par value, and the contract multiplier is $1,000 Attempt 1/10 for 10 pts Part 1 What is the price value of a basis point for the bond portfolio (in absolute terms)? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 2 What is the price value of a basis point for the futures contract (in absolute terms)? De decimals Submit Attempt 1/10 for 10 pts Part 3 How many T-bond futures does the investor have to sell? 0+ decimals Submit