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Please help ASAP, will upvote your answer, thankyou Determine the Macaulay convexity of a stock paying level dividends at the end of each year into
Please help ASAP, will upvote your answer, thankyou
Determine the Macaulay convexity of a stock paying level dividends at the end of each year into perpetuity given an annual effective interest rate of 5%.
a. 1032
b. 1020
c. 1045
d. 901
e. 861
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