Question: The following information about bonds A , B , C , and D are given. Assume that bond prices admit no arbitrage opportunities. What is

The following information about bonds A, B, C, and D are given. Assume that bond prices admit no
arbitrage opportunities. What is the convexity of Bond D?
Cash Flow at the end of
Bond Price Year 1 Year 2 Year 3
A 9110000
B 8601000
C 7800100
D ?55105

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