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You have a 15 year maturity with a yield of 0.06 yield (in decimals), with duration of 12 years and a convexity of 135.3 .

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You have a 15 year maturity with a yield of 0.06 yield (in decimals), with duration of 12 years and a convexity of 135.3 . The bond is currently priced at $805.76. If the interest rate were to increase 64 basis points, compute the predicted new price for the bond, including convexity, (Be mindful of whether the sign is + or - ) Note: your answer should be in % this time. If your answer is 5%, please simply input 5 as your

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