Question
Consider a $1,000 bond with a 6.0 coupon that matures in two years. Coupon payments are made semiannually. The current yield-to-maturity is 5.0. Calculate the
Consider a $1,000 bond with a 6.0 coupon that matures in two years. Coupon payments are made semiannually. The current yield-to-maturity is 5.0. Calculate the convexity of the bond.
Possible Options
A. 4.08
B. 4.17
C. 4.29
D. 4.35
E. 4.49
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
