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For a 5-year 9% coupon bond trading at 8% (making semi-annual coupon payments), calculate its 1) approximate duration and 2) approximate convexity given a 10
For a 5-year 9% coupon bond trading at 8% (making semi-annual coupon payments), calculate its 1) approximate duration and 2) approximate convexity given a 10 bps change in the bonds yield to maturity.
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
