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The duration and convexity of an option-free bond priced at $95.50 are 7.50 and 98, respectively. If yields increase by 150 bps, the percentage change
The duration and convexity of an option-free bond priced at $95.50 are 7.50 and 98, respectively. If yields increase by 150 bps, the percentage change of the price is closest to what?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
