18. a. Footnote 6 presents the formula for the convexity of a bond. Build a spreadsheet to...

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18.

a. Footnote 6 presents the formula for the convexity of a bond. Build a spreadsheet to calculate the convexity of a 5-year, 8% coupon bond making annual payments at the initial yield to maturity of 10%.

b. What is the convexity of a 5-year zero-coupon bond?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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