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you have a 18-year maturity, 7.5% coupon, 7.5% yield bond with duration of 7 years and a convexity of 120.5. If the interest rate were
you have a 18-year maturity, 7.5% coupon, 7.5% yield bond with duration of 7 years and a convexity of 120.5. If the interest rate were to fall 115 basis points, your predicted new price for the bond (including convexity) is__.
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