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Hi I was wondering if anyone could help me with this question. The six month and one year zero rates are 10% per annum. For
Hi I was wondering if anyone could help me with this question. The six month and one year zero rates are 10% per annum. For a bond that has a life of 18 months and pays a coupon of 8% per annum semi annually with a coupon payment having just been made the yield is 10.4% per annum. What is the bonds price? What is the 18 month zero rate? Thank you!!
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