What is the bonds, a bond is currently trading for 98722 per 100 of par value if the, Financial Management

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What is the bonds

A bond is currently trading for 98.722 per 100 of par value. If the bond’s yield to maturity rises by 10 basis points, the bond’s price is expected to fall to 98.669. If the bond’s yield to maturity decreases by 10 basis points, the bond’s price is expected to increase to 98.782. What is the bond’s convexity?

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Financial Management: What is the bonds

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