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Suppose two bonds have the same price and duration. If YTM changes, the price of the higher convexity bond will be _ _ _ _
Suppose two bonds have the same price and duration. If YTM changes, the price of the higher convexity bond will be the price of the lower convexity bond.
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
