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Now suppose twenty-year zero-coupon bonds with a face of $100 are trad- ing at $67.16. What is the ten-year interest rate under annual, semi-annual, quarterly,
Now suppose twenty-year zero-coupon bonds with a face of $100 are trad- ing at $67.16. What is the ten-year interest rate under annual, semi-annual, quarterly, monthly, and continuously compounding conventions? Please state your answers as annualized discount rates! - Report your answers using enough significant digits to show dif- ferences in quoted rates (show at least 1/1000s of a percent)
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