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Business, 06.04.2021 02:40 sjamelia

Which of the following statements is wrong about convexity of a bond? Convexity will improve the duration approximation of the change in bond price based on a given change in interest rates Convexity adjustments are always positive whether the yield change is negative or positive Investors like convexity since the price of a bond with higher convexity would decrease less for a given change in yields Investors like convexity since the price of a bond with higher convexity would increase more for a given change in yields None of the above

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Which of the following statements is wrong about convexity of a bond? Convexity will improve the dur...
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