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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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