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The $1000 face value 9% coupon bond pays interest semi-annually. The bond will mature in 3-years....

The $1000 face value 9% coupon bond pays interest semi-annually. The bond will mature in 3-years. Find the Convexity if it sells for $980.

(A) $17.84

(B) $21.84

(C) 19.94

(D) 17.94

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Answer #2


Convexity measure (years) = 32.98/3^2 3.66
answered by: anonymous
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