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given that the both the one and two year spot rates are 2%, lay out an arbitrage strategy using the following annual payment two year
given that the both the one and two year spot rates are 2%, lay out an arbitrage strategy using the following annual payment two year bonds:
Asset Coupon Market Price (in order)
Bond A 1% 98.0584 Bond B 3% 100.9641 Bond C 5% 105.8247
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