Which bond exhibits the greatest convexity (curvature)? Which bond has the most volatile price? ...

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Which bond exhibits the greatest convexity (curvature)?

Which bond has the most volatile price?

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Convexity Price vs. Ytm 200 150 1.5s of 20 3.25s of 20 3.5s of 37 4.75s of 47 E 100 50 0 Linear (1.5s of 20) 2% 4% 6% 8% 10% Yield to Maturity

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