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The price of a risk-free zero-coupon bond that pays out $1000 in one month is currently $992.06. The price of a risk-free zero-coupon bond that
The price of a risk-free zero-coupon bond that pays out $1000 in one month is currently $992.06. The price of a risk-free zero-coupon bond that pays $1000 in two months is $986.15. What are the one-month and two-month spot rates implied by these prices (for the two month rate, this should be a monthly compounded rate)?
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