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Assume that the six - month Treasury spot rate is 1 . 6 % APR, and the one - year rate is 2 . 1
Assume that the sixmonth Treasury spot rate is APR, and the oneyear rate is APR, both compounded
semiannually. What is the price of a oneyear $ par Treasury bond with coupons?
The price of the Treasury bond is $Round to the nearest cent.
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