The price of a 5-year semannual-coupon bond is 1315184 its


The price of a 5-year semannual-coupon bond is $$131.5184. Its duration and convexity are 4.3476 and 20.5562, respectively. If interest rates go up by 1%, what will be the dollar change in the price of this bond using both duration and convexity to estimate this change?

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Financial Management: The price of a 5-year semannual-coupon bond is 1315184 its
Reference No:- TGS01360520

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