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A 7 . 7 % bond with semiannual coupons is quoted at 1 0 2 . 9 7 . The bond has 4 coupons left.

A 7.7% bond with semiannual coupons is quoted at 102.97. The bond has 4 coupons left. The previous coupon was paid 34 days age. Use the approximated duration and convexity to calculate the estimated quoted price given a 150bp increase in the ytm

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