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Can you please help me solve this problem? Coupon: 8%, Initial Yield: 6%, Maturity: 10 yrs, Initial Price = 114.877 (per $100 par) Using the
Can you please help me solve this problem?
Coupon: 8%, Initial Yield: 6%, Maturity: 10 yrs, Initial Price = 114.877 (per $100 par)
Using the above information, calculate the approximate convexity measure of the bond.
a)64.81
b)73.47
c)69.64
d)75.56
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