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Based on the duration and convexity formulas you found in Problem 1 , derive the change in bond prices ( Price ) for perpetual, zero

Based on the duration and convexity formulas you found in Problem 1, derive the change in bond prices (Price) for perpetual, zero-coupon, and coupon paying bonds as a linear approximation of thea) Modified Durationb) Durationc) Modified Duration and Convexityd) Duration and Convexity

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