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A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 6%.

A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 6%. The intrinsic value of the bond today will be if the coupon rate is 7%. What is the bond's Macaulay duration? What is the bond's modified duration? What is the bond's convexity?

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A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 6%. The intrinsic value of the bond today will be if the coupon rate is 7%. What is the bond's Macaulay duration? What is the bond's modified duration? What is the bond's convexity

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