Essay
Use the following discount factors when needed.
-Calculate the convexity of the following portfolio:
i. 1 unit of a 2-year ?xed coupon bond paying 10% coupon quarterly.
ii. 1 unit of a 2-year ?xed coupon bond paying 1% coupon semiannually.
iii. 1 unit of a 2-year zero coupon bond.
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