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Your liabilities consist of $30,000 cash (i.e., you have creditors who can demand $30,000 at any time) and $45,000 coming due in two years. The

Your liabilities consist of $30,000 cash (i.e., you have creditors who can demand $30,000 at any time) and $45,000 coming due in two years. The market interest rate is 5%. What is the convexity of your liabilities? 1.8654 1.9763 2.1478 2.3055

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