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Suppose we assess a 2year bond of 4000 with 6% annual coupons. The current spot rates are 5% for one year and 5.5% for two
Suppose we assess a 2year bond of 4000 with 6% annual coupons. The current spot rates are 5% for one year and 5.5% for two years. What is the overall yield of such an investment
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