A $100,000 bond has a term to maturity of one year, with half-yearly coupons set at 12%
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Question:
A $100,000 bond has a term to maturity of one year, with half-yearly coupons set at 12% p.a.
Calculate the convexity of the bond in periods if the yield is 9%.
Related Book For
College Algebra With Modeling And Visualization
ISBN: 9780134418049
6th Edition
Authors: Gary Rockswold
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