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PPlease explain using using EXCEL with the formulas The six-month zero-rate is 5% per annum with semiannual compounding. The price of a one-year bond that

image text in transcribedPPlease explain using using EXCEL with the formulas

The six-month zero-rate is 5% per annum with semiannual compounding. The price of a one-year bond that provides a coupon of 9% per annum semiannually is 94.7. What is the oneyear continuously compounded zero-rate? (Round to the closest hundredths. Rates should be in percentage form. E.g. 9.99\%)

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