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Adjusted duration (D*) and convexity (C) are used to estimate how much the bond price will fall when the yield to maturity (YTM) of a

Adjusted duration (D*) and convexity (C) are used to estimate how much the bond price will fall when the yield to maturity (YTM) of a bond with a par of $2,000 and a coupon rate of 11% (annual interest payment) increases from 8.0% to 9.0%. to estimate (Display $ to two decimal places.)
 

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