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

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

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