Buckeye Inc. has a bond outstanding with the following information: Par = $1000 Coupon rate = 6% Maturity = 9.5 years YTM = 5% Semiannual coupon Price = $1,074.89 The effective duration and convexity measures are closest to: (assume interest rates change by 100 basis points) Effective Duration 6.12 Convexity. 32.56 Effective Duration 6.12 Convexity 21.28 Effective Duration 7.28 Convexity. 32.56 Effective Duration 7.28 Convexity. 21.28