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The following table gives Treasury zero rates and cash flows on a Treasury bond: Maturity Years Zero Rate Coupon Payment Principal 0.5 2.0% $20 1.0
The following table gives Treasury zero rates and cash flows on a Treasury bond:
| Maturity Years | Zero Rate | Coupon Payment | Principal |
| 0.5 | 2.0% | $20 | |
| 1.0 | 2.3% | $20 | |
| 1.5 | 2.7% | $20 | |
| 2.0 | 3.2% | $20 | $1,000 |
What is the bonds yield? PLEASE SHOW EXCEL FORMULA OF HOW TO CALCULATE
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