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Let p i be the price at time t of a coupon paying T i - bond of notional N . That is the bond
Let be the price at time of a coupon paying bond of notional That is the bond matures at when the notional is returned and pays coupons at dates dots,dots, Show that from a collection coupon paying bond prices dots, available can derive time prices with maturities dots, and face value This called stripping prices from coupon paying bonds.
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