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5. The spot rates of interest for five U.S. Treasury securities are shown in the following exhibit. Assume all securities pay interest annually. a. Compute

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5. The spot rates of interest for five U.S. Treasury securities are shown in the following exhibit. Assume all securities pay interest annually. a. Compute the 2-year implied forvard rate for a deferred loan beginning in three years. b. Compute the price of a 5 -year annual-pay bond with a coupon rate of 5% by using the information in the table

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