Question: A bond is traded for $90. When yields changed for 40 basis point in each direction, the prices became $92.2 and $88. What is the

A bond is traded for $90. When yields changed for 40 basis point in each direction, the prices became $92.2 and $88. What is the approximate convexity of the bond?

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A bond is traded for $90. When yields changed for 40 basis point in each direction, the prices became $92.2 and $88. What is the approximate convexity of the bond?

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