Consider a 6% semiannual coupon payment bond with 4 years to maturity currently priced at par (YTM = 6.00%) and has an annual modified duration of 7.02 and approximate convexity of 59.23. Calculate how many bp convexity adds to the price change if the yield increases by 50 bp. Please put your answer in bp with 2 decimal places precision (for example, if the answer is 5.6bp put "5.60")

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