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A bond pays semi-annual interest. Its coupon rate is 8%. Its value at maturity is $1,000. It matures in 6 years. Its yield to maturity

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A bond pays semi-annual interest. Its coupon rate is 8%. Its value at maturity is $1,000. It matures in 6 years. Its yield to maturity is currently 6%. How much is it's Convexity? Using Convexity, calculate its price change if interest rate increases by 30 basis-point? We Lacert Format Tools Table

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