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Given a 4 - year, 5 % coupon bond with 6 % yield, and $ 1 0 0 par, answer the questions below ( Assume

Given a

4 -

year,

5 %

coupon bond with

6 %

yield, and $

100

par, answer the questions below

(

Assume annual compounding

)

what is the convexity of the bond?

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