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Calculate the price at the beginning of year 1 of a 10% annual coupon bond with face value $1,000 and 5 years to maturity: at
Calculate the price at the beginning of year 1 of a 10% annual coupon bond with face value $1,000 and 5 years to maturity: at year 1, 2, 3, 4, and 5, 1-year forward rates are 5.8%, 6.4%, 7.1%, 7.3% and 7.4% respectively.
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