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giving the following spot rate. Time-to-maturity 1 year 2 year 3 year Spot rates 3% 4% 5% Calculate the value of a 3 year,
giving the following spot rate. Time-to-maturity 1 year 2 year 3 year Spot rates 3% 4% 5% Calculate the value of a 3 year, 5% annual coupon bond. Also what would be the yield to maturity for this bond? Assume per value = $1000
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