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If a bond with convexity of 200 has a modify duration of 4 years and you expected the interest rate will jump 2%. Whats the
If a bond with convexity of 200 has a modify duration of 4 years and you expected the interest rate will jump 2%. Whats the bonds price percentage change due to the interest rate change?
A. | The bond price will tumble by 8%.
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B. | The bond price will up by 8%.
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C. | The bond price will tumble by 4%.
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D. | The bond price will up by 4%.
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