A 7 30 year bond is paying a market rate of 7 what will


A 7% 30 year bond is paying a market rate of 7%. What will the alteration of its price be, if the yield alters by 2%? Can you estimate it with duration ? If convexity is 40, what will the approximation be?

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Finance Basics: A 7 30 year bond is paying a market rate of 7 what will
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