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J command J option (c) What is the convexity of the bank's net equity? (d) Using duration and/or dollar duration alone (i.e., not convexity),

J command J option (c) What is the convexity of the bank's net equity? (d) Using duration and/or dollar duration alone (i.e., not convexity), approx- imate the change in the value of the bank's net equity if all zero rates rise by 50 basis points.

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