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4. Bond X has a Duration of 6.2 years. Yields are initially 4.8% but then suddenly increase to 5.6%. What is the impact on Bond

4. Bond X has a Duration of 6.2 years. Yields are initially 4.8% but then suddenly increase to 5.6%. What is the impact on Bond X's price? 5. From above, you calculate Bond X has a Convexity of 98.6. How do you estimate the impact of the yield change now?
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Bond X has a Duration of 6.2 years. Yields are initially 4.8% but then suddenly increase to 5.6%. What is the impact on Bond X's price? From above, you calculate Bond X has a Convexity of 98.6. How do you estimate the impact of the yield change now

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