What the bond approximate convexity is closest to

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Problem 1: A bond is currently trading for 102.365 per 100 of par value. If the bond's yield-to-maturity (YTM) rises by 10 basis points, the bond's full price is expected to fall to 102.162. If the bond's YTM decreases by 10 basis points, the bond's full price is expected to increase to 102.786. The bond's approximate convexity is closest to

Reference no: EM132999933

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