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Problem 6.8 The following are the current prices of zero-coupon bonds with face value 1,000. Term/Maturity (years) price 943.40 805.08 % If the one-year forward

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Problem 6.8 The following are the current prices of zero-coupon bonds with face value 1,000. Term/Maturity (years) price 943.40 805.08 % If the one-year forward rate is given by 8%, determine X

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