. At an annual effective rate of interest of 4%, an asset has a price of $78 and a modified duration of 3.15. Calculate the first-order modified approximation of the price of this asset at a new interest rate of 4.2%.

Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?