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1. An option-free bond with a coupon rate of 6.75% is priced at 90.25. It has a duration of 10.34 and a convexity of 75.80.

1. An option-free bond with a coupon rate of 6.75% is priced at 90.25. It has a duration of 10.34 and a convexity of 75.80. Yields increase by 200 BPS. What is the % change in price?

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