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ond selling to yield 9%, the modified duration for this bond is by 200 bps from 9% to 8 Consider the 25 year 6% b

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ond selling to yield 9%, the modified duration for this bond is by 200 bps from 9% to 8 Consider the 25 year 6% b 10.62, the convesity measure is 182.92, if the required yield decreases 11 %, the approximate percentage change in the price of the bond is

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