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The $1000 face value 9% coupon bond pays interest semi-annually. The bond will mature in 3-years. Find the Convexity if it sells for $980. (A)
The $1000 face value 9% coupon bond pays interest semi-annually. The bond will mature in 3-years. Find the Convexity if it sells for $980.
(A) $17.84
(B) $21.84
(C) 19.94
(D) 17.94
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