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A 15-month 100 zero-coupon bond sells for 95. A 27-month 100 zero-coupon bond sells for 90. Using quarterly compounding (i.e. every 3 months), find the

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A 15-month 100 zero-coupon bond sells for 95. A 27-month 100 zero-coupon bond sells for 90. Using quarterly compounding (i.e. every 3 months), find the 15-month and 27-month discount factors and hence find forward rate between 15-months and 27-months. Use this rate to estimate the price of a 2-year 100 zero-coupon bond. Give answers correct to four significant figures. A 15-month 100 zero-coupon bond sells for 95. A 27-month 100 zero-coupon bond sells for 90. Using quarterly compounding (i.e. every 3 months), find the 15-month and 27-month discount factors and hence find forward rate between 15-months and 27-months. Use this rate to estimate the price of a 2-year 100 zero-coupon bond. Give answers correct to four significant figures

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