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Suppose A zero - coupon bond that matures in 1 year costs $ 9 8 A zero - coupon bond that matures in 2 years

Suppose A zero-coupon bond that matures in 1 year costs $98
A zero-coupon bond that matures in 2 years costs $96
A zero-coupon bond that matures in 3 years costs $93
What must be the price of a 3-year, annual coupon bond
with a 10% coupon rate and a face value of $100?
Arbitrage Strategy
How could you make an arbitrage profit if the
coupon bond were trading at $100?
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