Hey Jim, wouldn't you be able to use the "kindergarten" approach to find the two prices of the convexity adjustment and then plug that into the "approximate convexity" formula to find an approximate figure? Or are you saying that for questions where the answers are decimal points apart, we will have to "table it out"?
"Good news in the bad new" this statement is very practical application"
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Voila = "look at that"
in CFA institute material 1+periodic YTM is multiplied
Hey Jim, wouldn't you be able to use the "kindergarten" approach to find the two prices of the convexity adjustment and then plug that into the "approximate convexity" formula to find an approximate figure? Or are you saying that for questions where the answers are decimal points apart, we will have to "table it out"?
Hello Prof, for the convexity formula, the square for the yield, does coupon frequency affects it?
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