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Consider a bond P with 15 year maturity, 6% coupon annually paid, yield to maturity 7%. The dollar convexity is -853. 26 120. 44 -10947
Consider a bond P with 15 year maturity, 6% coupon annually paid, yield to maturity 7%.
The dollar convexity is
-853. 26 | |
120. 44 | |
-10947 | |
10947 |
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