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The yield of a semiannual coupon bond with 6% coupon rate and 30 months to maturity is 9%. (a) What are the price, duration and

The yield of a semiannual coupon bond with 6% coupon rate and 30 months to maturity is 9%. (a) What are the price, duration and convexity of the bond? (b) If the yield moves down by 5 basis points, how will the price of this bond change?

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