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The actual bond price (traditional coupon-paying bond) will ____________ the bond price predicted by duration because when interest rates change the convexity will also change.
The actual bond price (traditional coupon-paying bond) will ____________ the bond price predicted by duration because when interest rates change the convexity will also change.
A:sometimes be higher than
B:sometimes be lower than
C:always be lower than
D:always be higher than
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