A bond is priced at 99.4 with a modified duration of 6.9 and an annual convexity of -212. If the market yield increases by 75 basis points, the bond's price will be closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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A bond is priced at 99.4 with a modified duration of 6.9 and an annual convexity of -212. If the market yield increases by 75 basis points, the bond's price will be closest to:
