Question: 2. Explain the following two concepts using graphs ( either hand draw or using Excel worksheet), and/or your own language. (20 points) a. Convexity in

 2. Explain the following two concepts using graphs ( either hand

2. Explain the following two concepts using graphs ( either hand draw or using Excel worksheet), and/or your own language. (20 points) a. Convexity in bond and why it is goodot good b. Immunization strategy using bond to pay future obligation

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