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The spot rate of interest in year k is given by: A 3-year bond with a par value of $180 pays annual voupons of 4.6&.

The spot rate of interest in year k is given by:

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A 3-year bond with a par value of $180 pays annual voupons of 4.6&. Calculate the price of this bond at k=0

. Ta = 0.058 + apo for k=1,2,3 - 470

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