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Find the Macaulay duration, Macaulay convexity, and dispersion of 10-year bond with semiannual coupons paid @ 6% per year earning an annual effective yield of
Find the Macaulay duration, Macaulay convexity, and dispersion of 10-year bond with semiannual coupons paid @ 6% per year earning an annual effective yield of 11%.
(The final answers given are: Price=$715.00, Duration=7.16, Convexity=63.07, Dispersion=11.8)
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