Calculate the convexity of a $1,000 par value bond, with a coupon rate of 9% that matures in 4 years if the market interest rate is 10%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 23P
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Calculate the convexity of a $1,000 par value
bond, with a coupon rate of 9% that matures in 4
years if the market interest rate is 10%
Transcribed Image Text:Calculate the convexity of a $1,000 par value bond, with a coupon rate of 9% that matures in 4 years if the market interest rate is 10%
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