Which one is better to choose if interest rates are
In considering bonds to buy, assume you have two bonds with the same duration: Bond ONE has a convexity of 7; and bond TWO has a convexity of 3. Which one is better to choose if interest rates are expected to change? Explain.
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in considering bonds to buy assume you have two bonds with the same duration bond one has a convexity of 7 and bond two
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