Multiple Choice
Convexity is defined as:
A) the degree of curvature of the price-yield curve around some maturity level
B) the degree of curvature of the price-yield curve around some price level
C) the degree of curvature of the price-yield curve around some interest rate level
D) None of the listed options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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