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Problem 3 The five-year spot rate is 5.244%, and the forward price for a four-year zero-coupon bond beginning in five years with a par value
Problem 3 The five-year spot rate is 5.244%, and the forward price for a four-year zero-coupon bond beginning in five years with a par value of 100 is 83.0204. a. What is the spot price of a 100-par value zero-coupon bond with five years to maturity? b. What is the spot price of a 9-year zero-coupon bond? c. What is the four-year forward rate in five years? d. What is the 9-year zero rate? Please provide your answers to four decimal places
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