Question: If interest rates were to decrease by 80bps calculate the new price of a bond given the current price of R960000, a duration of 4.40

If interest rates were to decrease by 80bps calculate the new price of a bond given the current price of R960000, a duration of 4.40 and a convexity of 180

a.R1 008 514

b.R993 792

c.R1 004851

d.R971 059

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