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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

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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 with annual payments. Answer in percentage with two decimal digits accuracy. Example 5.84. Blank Excel Worksheet

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