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Your liabilities consist of $60,000 coming due in one year and $40,000 coming due in three years. The market interest rate is 7%. What is the convexity of your liabilities? O4.144 O 4.244 O 3.944 O 4.344

Your liabilities consist of $60,000 coming due in one year and $40,000 coming due in three years. The market interest rate is 7%. What is the convexity of your liabilities? O4.144 O 4.244 O 3.944 O 4.344

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Your liabilities consist of $60,000 coming due in one year and $40,000 coming due in three years. The market interest rate is 7%. What is the convexity of your liabilities? O4.144 O 4,244 O 3.944 O 4.344
Transcribed Image Text:Your liabilities consist of $60,000 coming due in one year and $40,000 coming due in three years. The market interest rate is 7%. What is the convexity of your liabilities? O4.144 O 4,244 O 3.944 O 4.344
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