5. The 1/2-, 1-, 1.5-, and 2-year semiannually compounded spot rates are 0.025, 0.028, 0.032, and 0.033,
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5. The 1/2-, 1-, 1.5-, and 2-year semiannually compounded spot rates are 0.025, 0.028, 0.032, and 0.033, respectively. A par $1,000 coupon bond matures in 2 years and has semiannual coupon payments of $35. What is the price of this bond?
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Statistics And Data Analysis For Financial Engineering With R Examples
ISBN: 9781493926138
2nd Edition
Authors: David Ruppert, David S. Matteson
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