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3. Using the timeline technique, calculate the price, duration, modified duration and convexity for a semiannual note that has a $1,000 face value, four years

3. Using the timeline technique, calculate the price, duration, modified duration and convexity for a semiannual note that has a $1,000 face value, four years left until maturity and pays a coupon rate of 4.25% thats currently yielding 6.75%.

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