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es $811 You have a 20-year maturity, 7% coupon, 8% yield bond with duration of 10.88 years and a convexity of 152.49. The bond is
es $811 You have a 20-year maturity, 7% coupon, 8% yield bond with duration of 10.88 years and a convexity of 152.49. The bond is currently priced at $901.82. If the interest rate were to increase by 1 percent, your predicted new price for the bond (including convexity) is $818 $826 $822 on 22 O $814 4 pts
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