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An 18-month $100 zero-coupon bond sells for $96.80. An 18-month bond that pays $2 coupons twice a year sells for $104. A 24- month bond

An 18-month $100 zero-coupon bond sells for $96.80. An 18-month bond that pays $2 coupons twice a year sells for $104. A 24- month bond that pays $2 coupons every 6 months sells for $105.50. By using six monthly compounding, what is the two year spot price?

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