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Using the bond market definition of convexity (not continuous compounding!), what is the convexity of a U.S. Treasury STRIP (zero coupon bond) that matures in
Using the bond market definition of convexity (not continuous compounding!), what is the convexity of a U.S. Treasury STRIP (zero coupon bond) that matures in 23 years and which has price 74? (face $100) (nearest 0.01)
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