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Assume that the six-month Treasury spot rate is 1.6 % APR, and the one-year rate is 2 % APR, both compounded semiannually. What is the

Assume that the six-month Treasury spot rate is 1.6 % APR, and the one-year rate is 2 % APR, both compounded semiannually. What is the price of a one-year $ 1000 par Treasury bond with 2 % coupons?

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