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(2) A $2,0007% three-year bond has semiannual coupons and redemption amount $2,225. It is purchased to provide the investor with a 5% annual effective yield.

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(2) A $2,0007% three-year bond has semiannual coupons and redemption amount $2,225. It is purchased to provide the investor with a 5% annual effective yield. Find the Macaulay convexities C(4%,),C(5%,), and C(6%,). Also compute the modified convexity C(5%,2)

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