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Question 8 (20 points) Consider a bond with maturity 3 year, 100 face value, coupon 6%, and yield 5%. Compute a dollar duration numerically using

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Question 8 (20 points) Consider a bond with maturity 3 year, 100 face value, coupon 6%, and yield 5%. Compute a dollar duration numerically using a dy =0.001% or using its definition. Dollar Duration is 0.001% O2.7 0-102.72 0-277

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