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Consider a floating rate bond with semi-annual payment frequency. The bond has a coupon payment at time 1 (that is one year later). What is
Consider a floating rate bond with semi-annual payment frequency. The bond has a coupon payment at time 1 (that is one year later). What is the interest rate that should be used in calculating this coupon payment? r2(0, 0.5) Or2(0, 1) r2(0.5, 1)
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