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compare spot rate & yield Question 4 Calculate the present value of the coupon that the 3 -year bond pays out in year 2 .
compare spot rate & yield
Question 4 Calculate the present value of the coupon that the 3 -year bond pays out in year 2 . Will the spot interest rate that you use for this purpose be the same as the yield of this bond? Motivate vour Step by Step Solution
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