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The available two - year par yield curve for the six - monthly periods curve is 5 . 8 % , 6 . 0 %

The available two-year par yield curve for the six-monthly periods curve is 5.8%,6.0%,6.3% and 6.7%, consecutively. You are considering the purchase of a 4% semi-annual coupon bond that matures in two years' time. Construct the six-month zero-coupon rates for the two-year period and calculate the fair value of the 4% coupon bond.
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