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A bond portfolio consists of three one-year bonds and two two-year bonds, each with 3% annual coupons. The market interest rate is 4%. Which of

A bond portfolio consists of three one-year bonds and two two-year bonds, each with 3% annual coupons. The market interest rate is 4%. Which of the following is the convexity of the portfolio?

Group of answer choices

A. 2.158

B. 2.723

C. 2.437

D. 2.651

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