Question: Problem 13 Intro You have a bond with a modified duration of 10.33 years currently. The convexity of the bond is 185. Part 1 1

Problem 13 Intro You have a bond with a modified duration

Problem 13 Intro You have a bond with a modified duration of 10.33 years currently. The convexity of the bond is 185. Part 1 1 - Attempt 1/18 for 10 pts. In the event that the bond's yield changes from 8.5% to 9.5%, what will be the approximate percentage change in the bond's price? Enter your answer as a decimal number or with the percentage sign. B+ decimals Submit

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