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What is the convexity of the bond A . The rate of change of the price with respect to yield B . The second derivative
What is the convexity of the bond
A The rate of change of the price with respect to yield
B The second derivative of duration with respect to yield
C The first derivative of price with respect to yield
D The second derivative of price with respect to coupon
E The instantaneous change in duration with respect to yield
Choice B is not the answer.
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