The 6-month and 1-year zero rates are both 10% per annum. For a bond that has a
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The 6-month and 1-year zero rates are both 10% per annum. For a bond that has a life of 18 months and pays a coupon of 8% per annum (with semiannual payments and one having just been made), the yield is 10.4% per annum. What is the bond's price? What is the 18-month zero rate? All rates are quoted with semiannual compounding.
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Seema kuldeep
although I don't have an experience of teaching in a particular institute, previously I was an expert on Chegg and I have used to teach my batch mates and also my juniors.
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