Question: Use the quick formula to find the approximated convexity from a 10 basis point change in yield, note you will need to find the change

Use the quick formula to find the approximated convexity from a 10 basis point change in yield, note you will need to find the change in the price up and down using the bond pricing formula. (2 digits after the decimal).

Bond ABC

Coupon	4.00%
Yield to maturity	3.00%
Maturity (years)	6
Par	$100.00
Price per par	$105.4538
Face value	1000

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