Show that CV = D2 OD ay holds, independent of the compounding method, where Cy is the

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Show that CV = D2 OD ay holds, independent of the compounding method, where Cy is the convexity, D is the mod- ified duration, and y is the yield? Consider an annual coupon bond with face value $100, coupon rate 8%, yield 8.3%?

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Fundamentals Of Corporate Finance

ISBN: 9781264101566

11th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Alan J. Marcus

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Posted Date: Feb 11, 2023 05:36 AM

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Show that CV = D2 OD ay holds, independent of the compounding method, where Cy is the

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Fundamentals Of Corporate Finance

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