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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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