Silos invested $1,000,000 in a par bond with annual modified duration of 8 5 and annual convexity of 120 If interest rates increase by 100 bps, what would be Silos bond value If interest rates decrease by 200 bps, what would be Silos bond value

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Silos invested $1,000,000 in a par bond with annual modified duration of 8.5 and annual convexity of 120. If interest rates increase by 100 bps,

Silos invested $1,000,000 in a par bond with annual modified duration of 8.5 and annual convexity of 120.

If interest rates increase by 100 bps, what would be Silos bond value?
If interest rates decrease by 200 bps, what would be Silos bond value?

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