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please show all the work manually!!! thank you 17. You have a 25-year maturity, 10% coupon, 10% yield bond with a duration of 10 years
please show all the work manually!!! thank you
17. You have a 25-year maturity, 10% coupon, 10% yield bond with a duration of 10 years and a convexity of 120. If the interest rate were to fall 125 basis points, your predicted new price for the bond (including convexity) is (You must use the duration & convexity approximation, 7 points) Step by Step Solution
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