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Saved The following information was available as of the close of business June 1, 20XX, on government of Canada bonds. Coupon 7.00% 12.20% 10.20%
Saved The following information was available as of the close of business June 1, 20XX, on government of Canada bonds. Coupon 7.00% 12.20% 10.20% Maturity Price old June 1, 20xx +1 110.85 2.77 June 1, 20xx +2 June 1, 114.08 3.43 20xx +3 109.11 3.56 Calculate the anticipated one-year interest rate at 20XX 2 (up to June 20XX +3). (Do not round intermediate calculations. Round the final answers to 2 decimal places.) 2nd year 3rd year Interest rate %
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