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5% coupon, 8% yield bond with modified duration of 6.5 years and a convexity of 250. The bond is interest rate will decrease 100 basis

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5% coupon, 8% yield bond with modified duration of 6.5 years and a convexity of 250. The bond is interest rate will decrease 100 basis points, what is predicted new bond price using duration and 5% coupon, 8% yield bond with modified duration of 6.5 years and a convexity of 250. The bond is interest rate will decrease 100 basis points, what is predicted new bond price using duration and

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