Consider two bonds A and B with same initial value and duration. If bond A has a lower convexity than bond B, when the yield change the bond with higher value will more likely be Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Bond A b Bond B Unanswered (A) L3 Question 4 Homework - Unanswered The relationship between bond price volatility (dP/dy) and the modified duration assumes that the yield is the same for all maturities and there is no option embedded. Select an answer and submit. For keyboard navication, use the up/down arrow keys to select an answee. a True b False