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For the following bond, Par value: $ 1 , 0 0 0 Coupon rate: 8 % paid annually Time to maturity: 3 years Interest rate:
For the following bond,
Par value: $
Coupon rate: paid annually
Time to maturity: years
Interest rate:
If the interest rate increases from to what is the price change due to the convexity?
Select one:
a $
b $
c $
d $
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