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The following information about bonds A, B, C, and D are given. Assume that bond prices admit no arbitrage opportunities. What is the convexity of

The following information about bonds A, B, C, and D are given. Assume that bond prices admit no arbitrage opportunities. What is the convexity of Bond D? Cash Flow at the end of Bond Price Year 1 Year 2 Year 3 A 91 100 0 0 B 86 0 100 0 C 78 0 0 100 D ? 5 5 105

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