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Using both duration and convexity. estimate the new price of a 5 -year 9% coupon bond with par value of $100 and yieid of 9%

Using both duration and convexity. estimate the new price of a 5 -year 9% coupon bond with par value of $100 and yieid of 9% that experiences a 100 -tasis-point increase in yield. $96.16 $96.12 $96.10 $96,14

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