Question
There are 3 zero coupon bonds traded which having the following prices and maturities as of today: Face Value Maturity Price $1000 1 $980 $1000
There are 3 zero coupon bonds traded which having the following prices and maturities as of today:
| Face Value | Maturity | Price |
| $1000 | 1 | $980 |
| $1000 | 2 | $940 |
| $1000 | 3 | $930 |
What is the rate that you can lock in today for a 1-year loan starting 2 years from today that is to be paid back in 3 years?
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
