Question: QUESTION 46 Which formula is a correct formula for calculating the convexity of a bond? V + + V. - Vo formula Vo(ay) V+ +

 QUESTION 46 Which formula is a correct formula for calculating the

QUESTION 46 Which formula is a correct formula for calculating the convexity of a bond? V + + V. - Vo formula Vo(ay) V+ + V- - 2V formula - Vo(Ay) V+ + V- - 2V formula 2V. (Ay)? V+ + V- - V. formula 27, (AV)? QUESTION 47 Which factor matters much more for ARM and hybrid ARM MBS than for fixed rate MBS? Seasonality Yield curve shape O Burnout O Aging

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