Price of the bond will have an estimated price change

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Given a bond with a duration of 7.65 and convexity of 125 that pays interest semi-annually and has a yield to maturity of 4%, if the market interest rate (YTM) increases from 4% to 7%, the price of the bond will have an estimated price change due to both duration and convexity of

Reference no: EM131354151

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