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The YTMs of zero - coupon 6 m and 1 2 m treasure bonds are 3 5 and 4 8 basis points, respectively. If the

The YTMs of zero-coupon 6m and 12m treasure bonds are 35 and 48 basis points, respectively. If the 18m bond with YTM=0.6% trades at par, what is the 18m spot rate (in basis points)?

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