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You have a bond with a modified duration of 14 years currently. The convexity of the bond is 183. art 1 - Attempt 1/5 for
You have a bond with a modified duration of 14 years currently. The convexity of the bond is 183. art 1 - Attempt 1/5 for 2 pts. In the event that the bond's yield changes from 8.9% to 9.8%, 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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Structured Finance And Insurance
Authors: Christopher L. Culp
2nd Edition
0471706310, 978-0471706311
