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If the Macaulay Duration of the Bond is 7.7 semi annual year and semi annual yield is 5%. The convexity is 86, what is the

If the Macaulay Duration of the Bond is 7.7 semi annual year and semi annual yield is 5%. The convexity is 86, what is the % change in the price of the bond for a semi annual yield increase in yield taking convexity into consideration (1bps = 1%)

a. 73.7633

b. + or - 73.33

c. -73.7633

d. -72.9033

e. -73.33

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