Question: There are Bond A and B. Bond A has time to maturity =10 years, Bond B has time to maturity = 30 years. When yield
There are Bond A and B. Bond A has time to maturity =10 years, Bond B has time to maturity = 30 years. When yield increases by 1%, which bond goes down more? Is the relationship convex or concave? Which Bond is more sensitive to change of yield?
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