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Question two Using the following data, estimate the new bond prices of each of the 3 bonds if their yields (interest rates) increase by 0.3%.

image text in transcribed Question two Using the following data, estimate the new bond prices of each of the 3 bonds if their yields (interest rates) increase by 0.3%. You should take into account both duration and convexity. The percentage change in the bond price is estimated: PP100=(Dmy100)+(21Convexity(y)2100)

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