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(b) If the D aa 5. company issues a deep discount bond of face value of Rs. 5000 at an issue price of Rs. 3550.

(b) If the D aa 5. company issues a deep discount bond of face value of Rs. 5000 at an issue price of Rs. 3550. The maturity period of the bond is 7 years. Determine the spot interest rate of the bond. til One

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