Question: Consider a $1000 face value 6% coupon bond with 3 years left to maturity that pays semi-annual interest. if the YTM or the market rate

Consider a $1000 face value 6% coupon bond with 3 years left to maturity that pays semi-annual interest. if the YTM or the market rate is 7%, find the following: macaulayduration, modified duration, approximate modified/ effective duration, approximate convexity.

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