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Calculate the value of a 3-year 6% annual coupon pay bond in the following interest rate environment. What is the yield to maturity of 3-year

Calculate the value of a 3-year 6% annual coupon pay bond in the following interest rate environment.

What is the yield to maturity of 3-year 6% annual pay Bond Y if the spot rates are below?

Year 1 Year 2 Year 3 4% 6% 5% 3% 1% 2%

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