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Consider you buy the 5-year bond that is selling at par with coupon and yield of 7.10 percent, where the coupon is paid twice a
Consider you buy the 5-year bond that is selling at par with coupon and yield of 7.10 percent, where the coupon is paid twice a year. How much is the arbitrage profit if you sell all coupons and principal as a portfolio of zeros using the yields in the exhibit from half year all the way to 5 years.
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