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. 2. If you buy a 10 year zero-coupon bond but only hold it for 7 years, can you expect to earn today's 7-year spot
. 2. If you buy a 10 year zero-coupon bond but only hold it for 7 years, can you expect to earn today's 7-year spot rate, r7, over the 7 years?
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
