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8 . If it is known that s 1 = 1 . 2 % , s 2 = 1 . 5 % , s 3

8. If it is known that s1=1.2%,s2=1.5%,s3=2.0%, and s4=2.2%, find the initial price and yield rate of a 4-period $1000 bond with coupon rate 1%.
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