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Maturity - 12 years Coupon 13 Meld to maturity 11.50 Macaulay duration -6.63 years Covedty57.80 Noncollable Asumie bond pays Interest semiannually. Use only the data

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Maturity - 12 years Coupon 13 Meld to maturity 11.50 Macaulay duration -6.63 years Covedty57.80 Noncollable Asumie bond pays Interest semiannually. Use only the data provided in the table above in the problem statement for your calculations a calculate the arrimate price change for this bond wing only is curation, mingit yield to maturity increased by 250 bani poso ne und intermediate caldation Hound your awer to two decimal places w minusion to enter negative value in Percentage change in price: When you are dealing with large yield changes to calculate more precise bond price change w on price change b. Calculate the approximate price change for this hond, using only duration, If at ladd to maturity declined by 500 hasilu points. Do not rund intermediate calculate Round your answer to two decimal places. Use a minission to enter negative value, any Percentage change in price c. Calculate the approximate price change for this bond using both duration and convexity in the computation, assuming that it is to maturity decided by 500 au points Da nat round Intermediate calculations. Round your answer to two decimal places. Use a minus son to enter negative value, any. Percentage change in price d. Discuss (without calculations) what would happen to your estimate of the price change this was calle bond. When rates dedine, the price of calable bond increases at a rate than the price of noncaltable bond

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