Suppose two bonds have the same price and duration. If YTM changes, the price of the higher

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Suppose two bonds have the same price and duration. If YTM changes, the price of the higher convexity bond will be

________

the price of the lower convexity bond.

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Posted Date: Feb 10, 2024 04:02 AM

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Suppose two bonds have the same price and duration. If YTM changes, the price of the higher

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In the realm of bond investing duration and convexity are measures used to estimate the bonds sensit... View the full answer

Bond Markets Analysis and Strategies

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