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The current one-year spot rate is 5.5%. A two-year bond with annual coupon payments of 8% is currently selling for face value. Find the current

The current one-year spot rate is 5.5%. A two-year bond with annual coupon payments of 8% is currently selling for face value. Find the current two-year spot rate. Pouillo Answers 79 B7% but 9.5%

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