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The YTMs on benchmark one - year, two - year, and three - year annual pay bonds that are priced at par are listed in
The YTMs on benchmark oneyear, twoyear, and threeyear annual pay bonds that are priced at par are listed in the table below.
Bond Yield
year
year
year
What is the correct noarbitrage price for a year risk free bond with a coupon, per $ of par value?
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