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Laurie bought a 5 - year level annuity with payments made at the end of each year. The annuity has an annual yield rate of

Laurie bought a 5-year level annuity with payments made at the end of each year. The annuity has an annual yield rate of 7.0% and a
modified convexity of 11.4080.
Calculate the Macaulay convexity of the annuity.
9.9
10.2
11.7
12.2
13.1
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