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Consider a 6%,25-year bond selling to yield 9%. Its modified duration is 10.62 and convexily is 182.92. If the yieid changes of 12%, calculate the

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Consider a 6%,25-year bond selling to yield 9%. Its modified duration is 10.62 and convexily is 182.92. If the yieid changes of 12%, calculate the percentign thange in price based on a combination of both dumation and convexity? a, 23.629 b. 17.582% c. 31,86% d. 20.66%

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