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An 8 - year, 1 0 % semi - annual coupon bond ( R 1 0 0 0 par value ) is priced at a

An 8-year, 10% semi-annual coupon bond (R1000 par value) is priced at a yield to maturity of 7%. The yield changes by 125 basis points. What is the convexity and convexity effect of the bond respectively?
a.18.21,0.01%
b.20.840.33%
c.20.840.37%
d.18.210.65%
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