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( 5 points ) Assume that you have a YTM of 1 2 - year 8 % par bond. This bond is only affected by

(5

points

)

Assume that you have a YTM of

12 -

year

8 %

par bond. This bond is only

affected by

10 -

year key rate and

30 -

year key rate.

Find the key rate

01 s

for the

12 -

year par bond given that

\frac{d P}{d y_{12}} = - 762 .

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