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The yield to maturity on 1-year zero-coupon bonds is currently8%; the YTM on 2-year zeros is 9%. The Treasury plans to issue a2-year maturity coupon

The yield to maturity on 1-year zero-coupon bonds is currently8%; the YTM on 2-year zeros is 9%. The Treasury plans to issue a2-year maturity coupon bond, paying coupons once per yearwith a coupon 2 answers

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