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A loan is to be repaid with payments of $ 1000 at the end of one year, $2000 at the end of two years, and

A loan is to be repaid with payments of $ 1000 at the end of one year, $2000 at the end of two years, and $3000 at the end of three years. The effective rate of interest is 25%. a) Find the amount of the loan. b) Find the duration. c) Find the modified duration. d) Find the convexity.

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