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Problem 4.13 o The bond's price is e Suppose that the 6-month, 12-month, 18 month, and 24-month zero rates are 5%, 6 6.5%, and 7%

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Problem 4.13 o The bond's price is e Suppose that the 6-month, 12-month, 18 month, and 24-month zero rates are 5%, 6 6.5%, and 7% respectively, what is the two- year par yield? T want the answer in details verifying that 7.072% is the par yield. .536+3.53654+3,3361+103.536100 u 2012

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