Question: ( a ) Give the price sensitivity formula for a fixed income security. ( b ) Use this formula to calculate the change in price

(a) Give the price sensitivity formula for a fixed income security.
(b) Use this formula to calculate the change in price and the new price of a 30 year at par zero coupon bond with par value 100 and semi annual coupon payment whose yield increases from \(10\%\) to \(11\%\).
( a ) Give the price sensitivity formula for a

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