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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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