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a A bond has a duration of 6 and a convexity of 200. (i) Estimate the expected percentage price change of the bond using duration

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a A bond has a duration of 6 and a convexity of 200. (i) Estimate the expected percentage price change of the bond using duration if the bond's semiannual YTM decreases by 25 bps. (ii) Estimate the expected percentage price change of the bond using duration along with convexity if the bond's semiannual YTM decreases by 25 bps

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