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Business, 15.12.2020 15:30 nocomprendoplshelp

Consider a bond selling at par with a modified duration of 10.6 years and convexity of 210. Assume interest rates fall by from 10% to 8%. Estimate the percentage change in the price of the bond.

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Consider a bond selling at par with a modified duration of 10.6 years and convexity of 210. Assume i...
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