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A bond with a 6% coupon rates makes annual coupon payments and has 4 years until maturity. The appropriate spot-rate curve is: Year Spot Rate

A bond with a 6% coupon rates makes annual coupon payments and has 4 years until maturity. The appropriate spot-rate curve is:

Year Spot Rate

1 6%

2 5.90%

3 5.10%

4 4.80%

A) What is the price per 100 par?
B) What is the bonds yield to maturity?

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