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Find the convexity of a seven-year maturity, 5.6% coupon bond selling at a yield to maturity of 8.7%. The bond pays its coupons annually. (Do

image text in transcribed Find the convexity of a seven-year maturity, 5.6% coupon bond selling at a yield to maturity of 8.7%. The bond pays its coupons annually. (Do not round intermediate calculations. Round your answer to 4 decimal places.)

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