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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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