12) Corp ABC issued a special bond. It is priced at $102, has a modified duration of 4 , and convexity of 20 . a. Using duration, estimate the price of a special bond issued by ABC Corp for a 100basis-point increase in interest rates. ( 2 points) b. Using both duration and convexity measures, estimate the price of the bond for a 100 -basis-point increase in interest rates. (2 points) c. Do you expect the answer from part a or part b to be closer to the actual price? Why? (2 points)