Consider the following statements: 1. Ceteris paribus, Coupon bonds of the same maturity have less convexity than do dee discount bond. II. Convexity is a measure of a curvature in the relationship between bond prices and bond yields. III. Duration demonstrates how the Convexity of a bond changes as the interest rate changes. Which of the above statements is true?

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A: The present value is the present worth of the amount that will be paid or received in the future.

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A: Which is the target of data flow as follows:-

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A:

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A:

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