Calculate the impact of a 10 basis point increase in yield on the following bond portfolio.

| Bond | Value (USD) | Modified Duration |

|------|-------------|-------------------|

| 1 | 4,000,000 | 7.5 |

| 2 | 2,000,000 | 1.6 |

| 3 | 3,000,000 | 6.0 |

| 4 | 1,000,000 | 1.3 |