Map a cash flow of $1,000 received at time 6.5 years into a position in a five-year
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Map a cash flow of $1,000 received at time 6.5 years into a position in a five-year bond and a position in a seven-year bond. What cash flows in five and seven years are equivalent to the 6.5-year cash flow?
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Akshay Agarwal
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