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If the convexity full year of a 6.25% coupon five years to maturity bond is 22.86 what is the DP/P (percentage change in price) due

If the convexity full year of a 6.25% coupon five years to maturity bond is 22.86 what is the DP/P (percentage change in price) due to the convexity for an expected 156 basis point drop in the yields?

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The convexity adjustment formula is Convexity adjustment Convexity y2 2 Where Convexity 2286 y ... blur-text-image

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