4. WAY Co., issued a 5-year bond with a face value of P50,000 with a coupon rate of 8% annually and a yield to maturity of 12%. The bond's convexity would be closest to: O a. 14.91 О Б. 19.67 О с. 20.84 O d. 17.62 Ое. 19.20

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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4. WAY Co., issued a 5-year bond
with a face value of P50,000 with a
coupon rate of 8% annually and a
yield to maturity of 12%. The bond's
convexity would be closest to:
О а. 14.91
О ъ. 19.67
c. 20.84
O d. 17.62
е. 19.20
Transcribed Image Text:4. WAY Co., issued a 5-year bond with a face value of P50,000 with a coupon rate of 8% annually and a yield to maturity of 12%. The bond's convexity would be closest to: О а. 14.91 О ъ. 19.67 c. 20.84 O d. 17.62 е. 19.20
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