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The following are prices for 1 - , 2 - , 3 - , and 4 - year bonds. All of the bonds have a

The following are prices for 1-,2-,3-, and 4-year bonds. All of the bonds have
a face value (and maturity value) of 100 and pay 4% annual coupons. Find
the spot rates for 1,2,3, and 4 years.
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