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3. Given the following bonds and prices of bonds, what are the spot rates and forward rates? Given the following bonds and prices of bonds,

3. Given the following bonds and prices of bonds, what are the spot rates and forward rates?

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Given the following bonds and prices of bonds, what are the spot rates and forward rates? 3. Bond Price 2 4 960 920 885 855 1,000 1,000 1,000 1,000

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