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1. The percentage change in price of a bond if annual duration is 3.5, annual convexity is 1.7 and the change in absolute yield is

1. The percentage change in price of a bond if annual duration is 3.5, annual convexity is 1.7 and the change in absolute yield is 240bps?

A. 0.8% B. 8.4% C. 10.4% D. 1.0%

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