QUESTION 7 What is the modified duration of a bond with a duration of 2.7. a coupon rate of 3%, and a discount rate of 7%? QUESTION 8 Using the duration methodology, what is the estimated change in price (rounded to two decimals, no formatting) for a bond with a market value of $103.1 and modified duration of 5.35 when yields increase by 2.2 percentage points? QUESTIONS A bank owns two assets. The first is a loan of $1.038 with a duration of 4.89. The second is a $761 Treasury note with a duration of 293. What is the weighted average duration of the bank's asset portfolio (rounded to 2 decimals, no formatting)