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An analyst gathered the following information about a semiannual coupon bond: Par $ 1 0 0 0 Duration 1 0 Convexity 2 5 Current bond
An analyst gathered the following information about a semiannual coupon bond:
Par $
Duration
Convexity
Current bond price $
YTM
If the YTM decrease to percent, the predicted increase in the bond's price is closest to:
a $
b $
c $
d $
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