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Approximate the convexity of a 4% semiannual coupon bond with 3 years to maturity, $1,000 face value, and a YTM of 3.85%. Use a 1bp
Approximate the convexity of a 4% semiannual coupon bond with 3 years to maturity, $1,000 face value, and a YTM of 3.85%. Use a 1bp change for your calculations.
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8.12
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9.47
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10.83
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12.02
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13.52
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14.71
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16.88
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Authors: John Cochrane
1st Edition
0691121370,1400829135
