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Given a Zero Coupon Bond with 30 years of 1,000,000 MV 1. What is going to be the corresponding purchase of 5 Zero Coupon Bonds

Given a Zero Coupon Bond with 30 years of 1,000,000 MV

1. What is going to be the corresponding purchase of 5 Zero Coupon Bonds to create a duration neutral portfolio?

2. Calculate the Convexity

3. Calculate the effect on the portfolio if the government yield moves by up 1%

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