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Incorrect Question 5 A 0 / 30 pts A 100 par value bond paying a 5% coupon, matures in 3 years. This bond currently
Incorrect Question 5 A 0 / 30 pts A 100 par value bond paying a 5% coupon, matures in 3 years. This bond currently yields 4.50%. What is the price of the bond using Duration and Convexity if the yield falls to 3.00%? Use 100 par value in your calculation. Round to 3 decimal places. 103
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