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Consider the market rates for the maturities 1, 2, and 3 years respectively in the table below. What is par rate of a 3-year bond

Consider the market rates for the maturities 1, 2, and 3 years respectively in the table below. What is par rate of a 3-year bond with annual payments. (Answer with two decimal accuracy) t 1 2 3 R(0,0) 2.00 4.00 6.00

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