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Build out a model to calculate the duration of a 5 year bond with annual payments. Allow the user to input the coupon and yield.
Build out a model to calculate the duration of a 5 year bond with annual payments. Allow the user to input the coupon and yield. Model should calculate a bond price and a duration. Use this model to calculate a duration for a 5% coupon and 5% yield. Now recalculate duration at 4%. Calculate convexity (choose some scenario and show me the convexity calculation)
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