Multiple Choice
Find the indefinite integral. 
Hint: First, make the substitution 
; then, integrate by parts.
Grasp the concept of convexity and its implications for bond price changes.
Differentiate between various bond investment strategies to manage interest rate risk.
Calculate and interpret the duration of various bonds and investment strategies.
Recognize the implications of market phenomena such as yield curve movements on bond investment strategies.
Definitions:
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