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A bond with a duration of 6.5 has an estimay.ed convexity 0.634. (Please adjust the convexity measure to 63.4 in your calculation). If the bond's

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A bond with a duration of 6.5 has an estimay.ed convexity 0.634. (Please adjust the convexity measure to 63.4 in your calculation). If the bond's yield spread narrows by 50 basis points, the impact on the investor's return is closest to: 3.17% 3.25% 3.33%

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