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1 A one-year, zero-coupon bond with face value $1,000 is trading at $920. A two-year bond with coupon rate 3% (coupon payments made in one
1 A one-year, zero-coupon bond with face value $1,000 is trading at $920. A two-year bond with coupon rate 3% (coupon payments made in one yearly installment) and face value $100 is trading at $103. Find the spot rates si and 82
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