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Intro You have a bond with a modified duration of 11.33 years currently. The convexity of the bond is 189. Part 1 | Attempt 0/3

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Intro You have a bond with a modified duration of 11.33 years currently. The convexity of the bond is 189. Part 1 | Attempt 0/3 for 10 pts. In the event that the bond's yield changes from 8.4% to 9.7%, what will be the approximate percentage change in the bond's price? Enter your answer as a decimal number or with the percentage sign. 3+ decimals

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