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What is the shape of the bond price-YTM relationship? 1) Concave and upward sloping 2) Concave and downward sloping 3) Convex and upward sloping 4)

What is the shape of the bond price-YTM relationship? 1) Concave and upward sloping 2) Concave and downward sloping 3) Convex and upward sloping 4) Convex and downward sloping
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What is the shape of the bond price-YTM relationship? 1) Concave and upward sloping 2) Concave and downward sloping 3) Convex and upward sloping 4) Convex and downward sloping

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