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You have a 2 5 - year maturity, 1 0 . 3 % coupon, 1 0 . 3 % yield bond with a duration of

You have a 25-year maturity, 10.3% coupon, 10.3% yield bond with a duration of 10 years and a convexity of 135.8. If the interest rate were to fall 128 basis points, your predicted new price for the bond (including convexity) is __________.(Select the closest answer.)

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