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Calculate the convexity for a bond that pays annual coupons with a coupon rate of 4%, has a YTM of 9%, par value of 1000

Calculate the convexity for a bond that pays annual coupons with a coupon rate of 4%, has a YTM of 9%, par value of 1000 and matures in 3 years.

Provide your answer rounded to three decimals.

Hint: This bond pays annual coupons so t and y are always expressed in years

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