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Calculate the duration and convexity of the following two bonds: Common elements for each bond: Coupon: 7.5%, semi-annual coupon payments, YTM = 9% Bond A:

Calculate the duration and convexity of the following two bonds:

Common elements for each bond: Coupon: 7.5%, semi-annual coupon payments, YTM = 9%

Bond A: Time to maturity: 5 years

Bond B: Time to maturity: 15 years

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