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A $ 2 , 0 0 0 7 % three - year bond has semiannual coupons and redemption amount $ 2 , 2 2 5

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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