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PUITLS) Consider the market rates for the maturities 1, 2, and 3 years respectively in the table below. What is par rate of a 3-year

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PUITLS) Consider the market rates for the maturities 1, 2, and 3 years respectively in the table below. What is par rate of a 3-year bond with annual payments. Answer in percentage with two decimal digits accuracy. Example 5.84. t 1 2 3 R(0,t) 2.00 4.00 6.00

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