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You have a 25-year maturity, 10.7% coupon, 10.7% yield bond with a duration of 10 years and a convexity of 136.2. If the interest rate
You have a 25-year maturity, 10.7% coupon, 10.7% yield bond with a duration of 10 years and a convexity of 136.2. If the interest rate were to fall 132 basis points, your predicted new price for the bond (including convexity) is ________. $1119.20 $1107.33 $1131.10 $1090.33
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