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You have a bond with a modified duration of 13 years currently. The convexity of the bond is 118 . Part 1 Attempt 4/5 for

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You have a bond with a modified duration of 13 years currently. The convexity of the bond is 118 . Part 1 Attempt 4/5 for 1.6pts. In the event that the bond's yield changes from 8.7% to 9.7%, what will be the approximate percentage change in the bond's price? Enter your answer as a decimal number or with the percentage sign

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