Question: 3 . A ( mathbf { 1 0 } ) - year bond has a face value of ( $

3. A \(\mathbf{10}\)-year bond has a face value of \(\$ \mathbf{1,000}\) and a coupon rate of \(\mathbf{5\%}\) annually. If the bond's current yield to maturity is \(6\%\), what is its convexity?
3 . A \ ( \ mathbf { 1 0 } \ ) - year bond has a

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