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Assume that the six-month Treasury spot rate is 1.5 % APR, and the one-year rate is 2.1 % APR, both compounded semiannually. What is the
Assume that the six-month Treasury spot rate is 1.5 % APR, and the one-year rate is 2.1 % APR, both compounded semiannually. What is the price of a one-year $ 1000 par Treasury bond with 2.1 % coupons?
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