Question: A five-year bond with a yield of 11% (continuously compounded) pays 8% coupon at the end of each year and has a price of 86.80.

A five-year bond with a yield of 11% (continuously compounded) pays 8% coupon at the end of each year and has a price of Â£86.80. Calculate the duration and convexity of the bond (use continuous compo...

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