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8 . For the bond in question, what is the percentage change in its price for a 0 . 5 % increase in interest rate?
For the bond in question, what is the percentage change in its price for a increase in interest rate?
a What is the actual percentage change in price?
b What is the estimated percentage change in price using modified duration?
c What is the estimated percentage change in price using modified duration and convexity
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