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please show work and steps thanks (3) 1) Given the following bond prices use the bootstrap method to calculate the spot rates for 1 through

please show work and steps thanks
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(3)
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1) Given the following bond prices use the bootstrap method to calculate the spot rates for 1 through 5 years. (You must solve algebraically and show your work). Please show spot rates to the thousandth of a percent. Each bond has a redemption value of 1,000 and pay annual coupons of 35. Term-n 1 2 3 4 5 Bond Price - Pr 1,005.83 1,005.72 1,004.78 1,003.68 1,000.00 Spot Rate - Sn 2) Using the yield curve that you have calculated above, find the price of a 5 year bond with increasing coupons of 100, 110, 120, 130 and 140 and a redemption value of 1,000 Price: Find the single yield rate (IRR) that produces the same price as the yield curve for the bond described above. You may use a financial calculator, a computer program (such as excel) or calculate iteratively. If you use a financial calculator or computer, you must be correct to the hundredth of a percent and explain your process. If you calculate iteratively, you must be within $2 of the price and must show work (at least three steps - initial guess plus two refinements of your estimate)

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