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A 6-year bond with 6% annual coupons has a yield rate of 12% effective. A 6-year bond with 10% annual coupons has a yield rate
A 6-year bond with 6% annual coupons has a yield rate of 12% effective. A 6-year bond with 10% annual coupons has a yield rate of 8% effective.
Find the 6-year spot rate.
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
