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A 100 par value bond paying a 5% coupon, matures in 3 years. This bond currently yields 4.50%. What is the price of the bond

A 100 par value bond paying a 5% coupon, matures in 3 years. This bond currently yields 4.50%. What is the price of the bond using Duration and Convexity if the yield falls to 3.00% ? Use 100 par value in your calculation. Round to 3 decimal places

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