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The six-month zero rate is 3% with continuous compounding. The price of a one-year bond that provides a coupon of 6% per annum semiannually is

The six-month zero rate is 3% with continuous compounding. The price of a one-year bond that provides a coupon of 6% per annum semiannually is 99, and the price of a 1.5-year bond that provides a coupon of 8% per annum semiannually is 101.

a. What is the 1.0-year continuously compounded zero rate?

b. What is the 1.5-year continuously compounded zero rate?

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