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17. What is a spot rate? a) The spot rate for a certain maturity is the yield on a coupon bearing Treasury of a different

17. What is a spot rate?

  • a) The spot rate for a certain maturity is the yield on a coupon bearing Treasury of a different

maturity.

  • b) The spot rate for a certain maturity is the yield on a coupon bearing Treasury of the same

maturity.

  • c) The spot rate for a certain maturity is the yield on a zero coupon Treasury of a different

maturity.

  • d) none of the above

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