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Consider information on the following bonds (with face value 100): Bond A B Maturity (years) 1 2 3 Coupon rate 0% 5% 6% Yield-to-maturity 5.0%
Consider information on the following bonds (with face value 100): Bond A B Maturity (years) 1 2 3 Coupon rate 0% 5% 6% Yield-to-maturity 5.0% 5.5% 6.0% Coupons are paid annually. What is the three-year spot interest rate
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