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I need an excel spreadsheet to use for this solution related to bond interest rates. Thank you! (See attachment) The following table shows the prices
I need an excel spreadsheet to use for this solution related to bond interest rates. Thank you! (See attachment)
The following table shows the prices of a sample of Treasury strips. Each strip makes a single payment at maturity. Calculate the interest rate offered by each of these strips. Years to Maturity 1 2 3 4 Price, % 98.452% 94.951 91.144 87.080 a. What is the 1-year interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Interest rate % b. What is the 4-year rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Interest rate %Step by Step Solution
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