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Suppose that there is a $1000 face value, 2-yr par bond issued by Apple that pays an annual coupon of 5%. Suppose you want to

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Suppose that there is a $1000 face value, 2-yr par bond issued by Apple that pays an annual coupon of 5%. Suppose you want to a 150 unit short position in the above bond. You found a par bond (Face value=1000) issued by Tesla with modified dur of 3. Which is the correct statement? a. You short 78.18 units of the Tesla bond b. You buy 59.67 units of the Tesla bond C. You go long 93 units of the Tesla bond d. You short 32.54 of the Tesla bond e. You go long 150 units of the Tesla bond

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