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Consider a bond P with 15 year maturity, 6% coupon annually paid, yield to maturity 7%. The dollar convexity is A. -853. 26 B. 120.
Consider a bond P with 15 year maturity, 6% coupon annually paid, yield to maturity 7%.
The dollar convexity is
A. -853. 26
B. 120. 44
C. -10947
D. 10947
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
