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hoangvu90

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发表于 2011-7-11 19:54 | 显示全部帖子

effective convexity

please, anybody, effective
Can anybody please explain to me the derivation for the formula for effective convexity

Convexity = (V+ + V- - 2V0) / (2 x V0 x (Change in y)^2)

Many thanks
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