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Find out how sensitive a 4 - year bond is to changes in interest rates. This bond has a 5 percent annual coupon and is

Find out how sensitive a 4-year bond is to changes in interest rates. This bond has a 5 percent annual coupon and is currently yielding 5 percent. If interest rates go up or down by 90 basis points, estimate how much the bond's price is expected to change in %.(To do this, calculate the bond's duration and convexity first-they help measure how the bond reacts to interest rateshifls.

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