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Problem 17 Intro You have a bond with a modified duration of 10 years currently. The convexity of the bond is 107. Part 1 -

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Problem 17 Intro You have a bond with a modified duration of 10 years currently. The convexity of the bond is 107. Part 1 - Attempt 3/3 for 10 pts. In the event that the bond's yield changes from 8.3% to 9.6%, what will be the approximate percentage change in the bond's prico? Enter your answer as a decimal number or with the percentage sign. 3+ decimals Submit

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