A bond has an annual modified duration of 7,020 and an annual convexity of 65,180. If the

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A bond has an annual modified duration of 7,020 and an annual convexity of 65,180. If the bond's yield to maturity increases by 15 bp, what is the expected percentage change in price?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Apr 11, 2023 06:33 AM

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A bond has an annual modified duration of 7,020 and an annual convexity of 65,180. If the

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The formula for estimating the percentage change in price of a bond due t... View the full answer

Investments

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