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7. The yield to maturity on 5 % annual coupon bonds maturing at 1000 Par is as follows: Term (years) Yield 6.0% 6.5% 7.0% Calculate

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7. The yield to maturity on 5 % annual coupon bonds maturing at 1000 Par is as follows: Term (years) Yield 6.0% 6.5% 7.0% Calculate the 1, 2 and 3 year spot rates

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