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If you have a bond with face value $ 1 0 0 coupon rate 9 % and YTM 6 % semiannual and 2 0 years

If you have a bond with face value $

100

coupon rate

9 %

and YTM

6 %

semiannual and

20

years to maturity

.

If YTM changes by

20

bp calculate the approximated convexity.

THE QUESTION IS CAlculate the approximated convexity

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