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Question 8. Same bond as the previous question. If the yield to maturity increased by one percentage point, what is the new price? First compute

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Question 8. Same bond as the previous question. If the yield to maturity increased by one percentage point, what is the new price? First compute approximation using just duration or modified duration. Second compute approximation with (modified) duration and convexity. Question 8. Same bond as the previous question. If the yield to maturity increased by one percentage point, what is the new price? First compute approximation using just duration or modified duration. Second compute approximation with (modified) duration and convexity

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