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A one year zero coupon bond has an effective annual rate of 8.5%. A three year zero coupon bond has an effective annual rate of

A one year zero coupon bond has an effective annual rate of 8.5%. A three year zero coupon bond has an effective annual rate of 11.5%. If a 3 year coupon-bearing bond that pays coupons of 17% annually has a yield of 11.1%, what is the effective annual rate of a two year zero coupon bond?

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