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Calculate the durations and volatilities of securities A, B, and C. The interest rate is 8%, payments are made annually and the face value is

Calculate the durations and volatilities of securities A, B, and C. The interest rate is 8%, payments are made annually and the face value is $1,000.

Security A is a 7-year 9% bond

Security B is a 3-year 6% bond

Security C is a 10-year 7% bond

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