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Question 1 (2 points) You note that the spot rates as of today are as follows: 1 year = 3.9%, 2 year = 5.6% and

Question 1 (2 points) You note that the spot rates as of today are as follows: 1 year = 3.9%, 2 year = 5.6% and 3 year = 5.6%. Knowing this, what is the yield to maturity on a 3 year annual coupon bond with a face value of $1,000 and a coupon rate of 4.0%? The bond's YTM is 5.58%. The bond's YTM is 5.56%. The bond's YTM is 5.54%. The bond's YTM is 5.52%. Previous Page Next Page Page 1 of 14

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