Question
The convexity of an N-period zero coupon bond is 37.735 semi-annual periods. The N period spot rate is 5.5% in semi-annual terms. Which of these
The convexity of an N-period zero coupon bond is 37.735 semi-annual periods. The N period spot rate is 5.5% in semi-annual terms. Which of these statements is true:
The face value must be 1000
The duration must be 7 semi-annual periods
The duration of a zero coupon bond is independent of its YTM
All of the above
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
