Question: To illustrate how Convexity changes with maturity, we consider a bond with yield y = 5% for different maturities, including different values of coupons: a)

To illustrate how Convexity changes with maturity, we consider a bond with yield y = 5% for different maturities, including different values of coupons:

a) zero coupon bond b) par bonds

c) premium bonds with coupon rate c = 9%

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