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You have a bond with a modified duration of 10.33 years currently. The convexity of the bond is 111. Part 1 Attempt 3/5 for 8

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You have a bond with a modified duration of 10.33 years currently. The convexity of the bond is 111. Part 1 Attempt 3/5 for 8 pts. Assuming the bond's yield changes from 9% to 9.7%, use duration and convexity to determine the approximate percentage change in the bond's price. Enter your answer as a decimal, not as a percentage

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