Question: Chapter 8 Exercises: 8.1, 8.5 8.1 Calculate the modified duration and convexity of the cash-flow stream as shown below. Use i = 6%. t 1

Chapter 8 Exercises: 8.1, 8.5 8.1 Calculate the modified duration and

Chapter 8 Exercises: 8.1, 8.5 8.1 Calculate the modified duration and convexity of the cash-flow stream as shown below. Use i = 6%. t 1 2 3 4 5 0 2 0 4 0 6 6

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