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Consider an increasing perpetuity with the first payment equaling $10 and each successive payment increased by $10. The present value (price function) of this annuity

Consider an increasing perpetuity with the first payment equaling $10 and each successive payment increased by $10. The present value (price function) of this annuity at interest rate i is .P(i)= 10/i+10/i^2

Determine the value of the modified convexity at a yield (interest) rate of i = 6.0%

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