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answer is (a) 0 (b) 94.31 (c) 312.50 Please do not use excel Find the convexity of the following investments, assuming the effective rate of

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answer is

(a) 0

(b) 94.31

Please do not use excel

Find the convexity of the following investments, assuming the effective rate of interest is 8% : (a) A money market fund. (b) A 10-year zero coupon bond. (c) A preferred stock paying level dividends into perpetuity

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