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Assume the zero - coupon yields on default - free securities are as summarized in the following table: ( Click on the following icon in
Assume the zerocoupon yields on defaultfree securities are as summarized in the following table:Click on the following icon in order to copy its contents into a spreadsheet.
Maturityyears
Zerocoupon YTM
Consider a fouryear, defaultfree security with annual coupon payments and a face value of $ comma that is issued at par. What is the coupon rate of this bon
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