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The one year zero rate is currently 2%. In one year, the one zero rate is expected to be 3%. A financial security will promise
The one year zero rate is currently 2%. In one year, the one zero rate is expected to be 3%. A financial security will promise to pay $500 at t=1 and t=2. The price of this security is $____________
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
