Question
The following is a list of prices for zero-coupon bonds of various maturities. Calculate the yields to maturity of each bond and the implied sequence
| The following is a list of prices for zero-coupon bonds of various maturities. Calculate the yields to maturity of each bond and the implied sequence of forward rates. (Do not round intermediate calculations. Round your answers to 2 decimal places . Omit the "%" sign in your response.) |
| Maturity (Years) | Price of Bond | YTM | Forward Rate |
| 1 | $973.40 | % | |
| 2 | $913.47 | % | % |
| 3 | $862.62 | % | % |
| 4 | $778.66 | % | % |
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Handbook Of Heavy Tailed Distributions In Finance
Authors: S.T Rachev
1st Edition
0444508961, 9780444508966
