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If a bond with convexity of 100 has a modify duration of 5 years and you expected the interest rate will jump 1%. Whats the

If a bond with convexity of 100 has a modify duration of 5 years and you expected the interest rate will jump 1%. Whats the bonds price percentage change due to the interest rate change?

A.

The bond price will tumble by 4.5%.

B.

The bond price will up by 9%.

C.

The bond price will tumble by 7%.

D.

The bond price will up by 6%.

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