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Suppose the yield curve is given by the following table 1y:4% 2y: 8.16%... Find the modified duration of this bond. Suppose the yield increased by
Suppose the yield curve is given by the following table 1y:4% 2y: 8.16%... Find the modified duration of this bond. Suppose the yield increased by 5%, what is your estimate of the percentage change in the bonds price using modified duration
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