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Bond ABC has a face value of R1 000 and an annual coupon rate of 11 percent and a 3-year maturity. The discount factors for
Bond ABC has a face value of R1 000 and an annual coupon rate of 11 percent and a 3-year maturity. The discount factors for years 1 to 3 are 0.9662, 0.9246 and 0.8839 respectively. The spot rates for years 1 and 3 are approximately ...
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0.035% and 4.0%
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3.50% and 4.20%
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4.00% and 3.50%
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0.97% and 0.96%
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None of the above
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