Question: A bond has Macaulay duration D ( i , ) = 5 . 8 and Macaulay convexity C ( i , ) = 1 .

A bond has Macaulay duration D(i,)=5.8 and Macaulay convexity
C(i,)=1.2. Determine C(i,4) as a function of i.
A bond has Macaulay duration D(i,)=5.8 and Macaulay convexity C(i,)=1.2. Determine

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