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All rates are quoted using annual compounding. The 1-year, 2-year, 3-year and 4-year zero rates are 1.3%, 1.5%, 1.8% and 2.2% respectively. To one decimal
All rates are quoted using annual compounding. The 1-year, 2-year, 3-year and 4-year zero rates are 1.3%, 1.5%, 1.8% and 2.2% respectively. To one decimal place, the forward rate for the 12-month period beginning in 36 months is To the nearest penny, the annual coupon payment on a 4-year par yield coupon bond, with face value 100 and with annual payments in arrears is
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