Question: (1 point) Problem 8- Duration and Convexity A $100 par value bond with 2% annual coupons and maturing at $105 in 3 years. Given an

(1 point) Problem 8- Duration and Convexity A $100 par value bond with 2% annual coupons and maturing at $105 in 3 years. Given an effective annual interest rate of 5%, a) Compute the Macaulay convexity of this asset. b) Compute the modified convexity of this asset

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