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Determine the Macaulay duration and convexity of a 3-year 5% $2,000 bond having annual coupons and a redemption value of $2,200 if the yield to

Determine the Macaulay duration and convexity of a 3-year 5% $2,000 bond having annual coupons and a redemption value of $2,200 if the yield to maturity is 6%.

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