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Bond price is B(0)=97$. Its duration is 2, and convexity is 2. What would be the bond price B(+2%) if the interest rates increased by
Bond price is B(0)=97$.
Its duration is 2, and convexity is 2.
What would be the bond price B(+2%) if the interest rates increased by 2% ?
Round the answer to 2 decimal points.
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