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A 1 year 2% coupon bond has a year to maturity of 9%, while a 1 year 12% coupon bond has a year to maturity
A 1 year 2% coupon bond has a year to maturity of 9%, while a 1 year 12% coupon bond has a year to maturity of 9.1%, find the price of the bonds and the 1 year spot rate. Face value: $100
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