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The table shows a new set of zero coupon bonds: Maturity Price 0.5 99.5 1 98.3 1.5 96.7 If you wish to issue a one-year
- The table shows a new set of zero coupon bonds:
Maturity | Price |
0.5 | 99.5 |
1 | 98.3 |
1.5 | 96.7 |
If you wish to issue a one-year bond that pays coupons semiannually, what coupon rate will you set so that this bond price equal to face value of $100?
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