Question: Question #1 Assume that a straight bond has approximate duration of 1.89 and a convexity of 32. If interest rates decline by 65.5bp what is

 Question #1 Assume that a straight bond has approximate duration of

Question #1 Assume that a straight bond has approximate duration of 1.89 and a convexity of 32. If interest rates decline by 65.5bp what is the total estimated percentage price change of the bond? Question #2

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