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You have a 25-year maturity, 9.5% coupon, 9.5% yield bond with a duration of 10 years and a convexity of 135.0. If the interest rate

You have a 25-year maturity, 9.5% coupon, 9.5% yield bond with a duration of 10 years and a convexity of 135.0. If the interest rate were to fall 120 basis points, your predicted new price for the bond (including convexity) is _________.

$1,109.60

$1,099.88

$1,091.32

$1,119.30

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