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spot rates for years 1 to 2 are 9 % and 1 0 % . A three - year bond with 6 % annual payment

spot rates for years 1 to 2 are 9% and 10%. A three-year bond with 6% annual payment coupon rate has a yield to maturity of 8.50%. Then the three-year spot rate is A-9.00%. B-8.72% C-8.43%

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