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relationship between a bond's price and its yield to maturity, when drawn on a graph, with YTM on the Y-axis, exhibits a characteristic convex shape.

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relationship between a bond's price and its yield to maturity, when drawn on a graph, with YTM on the Y-axis, exhibits a characteristic convex shape. The slope of a line tangent 5. The on the X-axis and Price to this curve at any point is the bonds: a. convexity b. duration c. maturity d. current yield

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