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from the above explation, can you please help with the step 2 ? how would the different rate scenarios play and how would the monte
from the above explation, can you please help with the step how would the different rate scenarios play and how would the monte carlo simulation work? please can you provide an example using the numbers above to estimate the present value of the bond's cash flows for the first period. 
from the above explation, can you please help with the step how would the different rate scenarios play and how would the monte carlo simulation work? please can you provide an example using the numbers above to estimate the present value of the bond's cash flows for the first period.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
