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Say interest rates vary deterministically over time, R(0)=1.4, R(1)=1.8,R(2)=1.5 and R(3)=1.1. What is the current value of a zero-coupon bond which matures in 3 time

image text in transcribed Say interest rates vary deterministically over time, R(0)=1.4, R(1)=1.8,R(2)=1.5 and R(3)=1.1. What is the current value of a zero-coupon bond which matures in 3 time steps

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