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Suppose we use the following spot rate curve to price a 2-year coupon-paying bond. 6-month: 1.5% 12-month: 2.2% 18-month: 2.5% 2-year: 2.7% In which range
Suppose we use the following spot rate curve to price a 2-year coupon-paying bond.
6-month: 1.5%
12-month: 2.2%
18-month: 2.5%
2-year: 2.7%
In which range will you find this bond's YTM y?
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Essentials Of Corporate Financial Management
Authors: Glen Arnold
1st Edition
1405847042, 978-1405847049
