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1 0 ) Assume the current yield curve shows that the spot rates for six months, one year, and one and a half years are
Assume the current yield curve shows that the spot rates for six months, one year, and one and a half years are and respectively, all quoted as semiannually compounded APRs. What is the price of a $ par, coupon bond maturing in one and a half years? The next coupon is exactly six months from now.
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