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The one year spot interest rate is 4% and the two year spot rate is 2%. What is the price of a 2 year bond

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The one year spot interest rate is 4% and the two year spot rate is 2%. What is the price of a 2 year bond with face value 5,000 and coupon rate 11%. Assume that coupons are paid annually. Give your answer to the nearest pound. Select one: O a 5991 O b. 5822 Oc5752 O d. None of the above

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