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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%.

B.

The bond price will up by 8%.

C.

The bond price will tumble by 4%.

D.

The bond price will up by 4%.

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