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Math Interest Theory/ Financial Math Please use formulas, dont use tables or the TVM function 7. (2pts) Determine the convexity for each of the following

Math Interest Theory/ Financial Math

Please use formulas, dont use tables or the TVM function

7. (2pts) Determine the convexity for each of the following assets at an effective annual interest rate of 5%. (a) A 3 year zero coupon bond (b) A 3 year mortgage with level annual payments

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