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Consider the following $1.000 par value zero-coupon bonds: Bond Years to Maturity Yield to Maturity A 1 6.60% B 2 8.10% C 3 8.60% D
Consider the following $1.000 par value zero-coupon bonds: Bond Years to Maturity Yield to Maturity A 1 6.60% B 2 8.10% C 3 8.60% D 4 9.10% E 5 10.25% The expected 1-year Interest rate 2 years from now should be Multiple Choice 12.16% 14.97% 9.61% 20.15%
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