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Below are given the prices and maturities of zero-coupon bonds of the country X. Each bond has a face value of 1000. Maturity (years) Current
Below are given the prices and maturities of zero-coupon bonds of the country X. Each bond has a face value of 1000.
Maturity (years)
Current price
1 yr
952.38
2 yr
942.60
3 yr
928.60
What is the yield on the bond that matures in two and three years?
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