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There is a loan obligation to pay $ 1 , 0 0 0 a year from now, $ 1 , 5 0 0 two years
There is a loan obligation to pay $ a year from now, $ two years from
now, and $ three years from now. Find the general expression for
Amount of the loan
Macaulay duration
Modified duration
Convexity
Evaluate those expression for an annual effective rate of interest of
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