46) A 7% semi-annual coupon bond settles 12/11/15 at 105.00 (clean price). Bond maturity is...
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46) A 7% semi-annual coupon bond settles 12/11/15 at 105.00 (clean price). Bond maturity is 12/31/25. For a 300 basis points increase in yield, assuming a 30/360-day count convention, what is the new price predicted by using modified duration with the convexity adjustment?
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