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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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