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A zero coupon bond of term 3 years has a continuously compounding yield of 2.63%. A zero coupon bond of term 5 years has a
A zero coupon bond of term 3 years has a continuously compounding yield of 2.63%. A zero coupon bond of term 5 years has a continuously compounding yield of 4.66%.
Use Excel to compute the two year quarterly compounding rate 3 years forward.
Answer as a percentage
correct to 2 decimals
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