Question: Consider a 5 - year coupon - paying bond with a principal P = 1 0 0 and a yield y = 6 . 3

Consider a 5-year coupon-paying bond with a principal P=100 and a yield y=6.3%. The
annual coupon payment is given by c=(ey-1)P. What is the convexity of the bond?
Use 2 decimal places for your answer.
Consider a 5-year coupon-paying bond with a principal P=100 and a

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