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Calculate the convexity of a $1,000 par value bond that pays 7.85% coupon rate (interest rate) and matures in 5 years if required rate of

Calculate the convexity of a $1,000 par value bond that pays 7.85% coupon rate (interest rate) and matures in 5 years if required rate of return is 14%

DO NOT MAKE INTERMEDIATE ROUNDING

FINAL ANSWER ROUNDED TO ZERO DECIMAL PLACES

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