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Given the below table of zero-rates, calculate the price of a bond paying coupons at 2.5% twice per annum, that has a par value of
Given the below table of zero-rates, calculate the price of a bond paying coupons at 2.5% twice per annum, that has a par value of $2,000 with 2 years left until maturity (use continuous compounding):
Maturity | Zero Rate |
0.5 | 1.78% |
1 | 1.93% |
1.5 | 2.11% |
2 | 2.38% |
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