Question
Suppose the yield curve is given by the following table 1y: 4% 2y: 8.16% ? Find the convexity of this bond. What is your estimate
Suppose the yield curve is given by the following table 1y: 4% 2y: 8.16% ? Find the convexity of this bond. What is your estimate of the percentage change in the bonds price using both modified duration and convexity?
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
