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


Question: 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? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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