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Which of the following statement about convexity is incorrect? ( Single choice ) * Treasury bonds tend to have positive convexity Positive convexity means that
Which of the following statement about convexity is incorrect? Single choice Treasury bonds tend to have positive convexity Positive convexity means that bond prices will decline less than implied by duration Positive convexity means that bond prices will increase more than implied durationConvexity cannot help us get better estimation on bond price responses to interest changes
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