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The following table contains information of several corporate bonds. a) What is the effective duration (ED) of Bond A for a 100bp(50+/50) change in yield?

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The following table contains information of several corporate bonds. a) What is the effective duration (ED) of Bond A for a 100bp(50+/50) change in yield? (9 marks) b) If you expect the interest rate to drop by 60bp, what is the percentage change in the price of Bond A as estimated by effective duration

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