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how do you find the convexity of a coupon bond with the following characteristics: maturity 10 years, pays annual coupons at a rate of 8%,
how do you find the convexity of a coupon bond with the following characteristics: maturity 10 years, pays annual coupons at a rate of 8%, its par value is $1000 and its internal rate of return is 6 %. Could you give me the steps pls. The answer is 65.17. Thanks in advance!
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