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The six-month zero rate is 8% per annum with continuous compounding. The price of a one-year bond that provides a coupon of 4% per annum

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The six-month zero rate is 8% per annum with continuous compounding. The price of a one-year bond that provides a coupon of 4% per annum semi-annually is 95% of its face value. Which of the following is the closest to the one-year continuously compounded zero rate? 8.25% 9.75% 9.15\% 8.75%

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