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Question 3 (35 marks) You have been presented with a portfolio of 3 different bonds. Bond YTM Bonds_owned Bond A Bond B Bond C Maturity

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Question 3 (35 marks) You have been presented with a portfolio of 3 different bonds. Bond YTM Bonds_owned Bond A Bond B Bond C Maturity Coupon 5 years 9.7 9 years 12.1 7 years 110 13.6 14.5 14.8 3 2 5 Calculate: e) The convexity of the bond portfolio. (10 marks)

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