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    Exam 4: Basic Refinements in Interest Rate Risk Management
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    Use the Following Discount Factors When Needed
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Use the Following Discount Factors When Needed

Question 18

Question 18

Short Answer

Use the following discount factors when needed. Use the following discount factors when needed.   -Calculate the convexity of the following security: a 3-year ?oating rate bond with no spread paid quarterly.
-Calculate the convexity of the following security: a 3-year ?oating rate bond with no spread paid quarterly.

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