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A bond has a duration of 5 and a convexity of 1 82. If the yield increases by 30 basis points, the percentage change in

A bond has a duration of 5 and a convexity of 1 82. If the yield increases by 30 basis points, the percentage change in the price of the bond is closest to:

A. 1.66%.

B. I .50%.

C. -1.34%.

D. 0.30%.

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