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Consider the following 51.000 par value zero-coupon bonds: Boad Years to Saturity Yield to Maturity 1 10.50 2 11.50 3 12.50 The expected 1 year

Consider the following 51.000 par value zero-coupon bonds: Boad Years to Saturity Yield to Maturity 1 10.50 2 11.50 3 12.50 The expected 1 year interest rate 2 years from now should be 9. Keep wo decimal spaces)

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