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(1) What is the spot rate? (2) Calculate the spot rates using the following zero coupon bonds. Assume semiannual compounding. Maturity par price 0.5 year

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(1) What is the spot rate? (2) Calculate the spot rates using the following zero coupon bonds. Assume semiannual compounding. Maturity par price 0.5 year 1000 950 1 year 1000 970 | 1.5 year 1000 980 2 year 1000 900

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