# Question: What are the convexities of the portfolios in Problem 9 16

What are the convexities of the portfolios in Problem 9.16? To what extent does

(a) duration and

(b) convexity explain the difference between the percentage changes calculated in part

(c) of Problem 9.16?

(a) duration and

(b) convexity explain the difference between the percentage changes calculated in part

(c) of Problem 9.16?

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