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The yields on one-year and two-year government zeros are 7.77% and 8.89 % respectively. What should be the price of a 9% coupon paying government
The yields on one-year and two-year government zeros are 7.77% and 8.89 % respectively. What should be the price of a 9% coupon paying government bond with two years to maturity? Assume coupons are paid annually and face value of the bond is $1000
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