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Bond W has a coupon of 12% and a maturity of one year and is trading at USD 99.25. If the one-year spot rate is

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Bond W has a coupon of 12% and a maturity of one year and is trading at USD 99.25. If the one-year spot rate is 13%, what is the half-year zero coupon rate? Please show work and don't use excel or financial calculator

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