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Consider a bond that has duration equal to 6 years, coupon rate 4.5%, yield to maturity 3.7% and convexity of 49. Determine the estimated relative

Consider a bond that has duration equal to 6 years, coupon rate 4.5%, yield to maturity 3.7% and convexity of 49. Determine the estimated relative change in bond price if interest rates increase by 0.8 percentage points.

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