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Bond P has face value of Rs.2000. Coupon Rate of 10% per annum. Market Yield is 5%. Maturity of 10 years. Duration of the Bond

Bond P has face value of Rs.2000. Coupon Rate of 10% per annum. Market Yield is 5%. Maturity of 10 years. Duration of the Bond 8 Years. There happens change in the market and the yield change to 7% from 5%. a.Calculate Duration? b.Calculate Modified Duration? c.Calculate Change in Price of the bond, without considering convexity? d.If annual convexity is 12. Calculate change in Bond Price? and.Calculate semi-annual convexity?

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