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5 . ( ( mathbf { 2 0 } ) points in total ) A ( 6 - ) month
mathbf points in total A month zerocoupon bond with a face value of $ is currently selling for $ In addition, a year bond with a face value of $ offering a annual coupon rate with semianntal payments, is priced at $
a Calculate the month and year continuously compounded zero rates. points
b Determine the forward rate between the month and year periods. points
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