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Bond A: 1-year coupon bond of 2% annual coupon rate and $1000 par value. Semi-annual spot rates are Z1=4% and Z2=6% for 6 and 12
Bond A: 1-year coupon bond of 2% annual coupon rate and $1000 par value. Semi-annual spot rates are Z1=4% and Z2=6% for 6 and 12 months, respectively.
Calculate the price and YTM of bond A
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