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How to construct an arbitrage trading strategy given that the following inequality is observed regarding a coupon bond's price? Pay attention to the direction of

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How to construct an arbitrage trading strategy given that the following inequality is observed regarding a coupon bond's price? Pay attention to the direction of the inequality which is different from the one in the lecture. Pe(t, To) > x P: (t. 7) + P2 (t. Tw)? Buy the coupon bond, and sell a portfolio of zero coupon bonds. Sell the coupon bond, and buy a portfolio of zero coupon bonds

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