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Consider the following zero-coupon Canada bonds. What is the implied yield on a 3-year 6% annual pay Canada bond? bond has $60 coupons and

Consider the following zero-coupon Canada bonds. What is the implied yield on a 3-year 6% annual pay Canada bond? bond has $60 coupons and $1000 face value.) Maturity Present Value Spot Rates of Interest 1 year 970 3.09% 2 year 910 4.83% 3 year 850 5.57%

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