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Assume that the coupon rates of 1-, 2- and 3-year annual coupon paying par value bonds are 5%, 6% and 7%, respectively. Which of the
Assume that the coupon rates of 1-, 2- and 3-year annual coupon paying par value bonds are 5%, 6% and 7%, respectively. Which of the following is false? One-year discount factor is 0.9524 Three-year zero-coupon yield is 7.66% Two-year zero-coupon yield is 6.03% Three-year discount factor is 0.8218
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