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Problem #4: A one year zero coupon bond has an effective annual rate of 10.5%. A three year zero coupon bond has an effective annual
Problem #4: A one year zero coupon bond has an effective annual rate of 10.5%. A three year zero coupon bond has an effective annual rate of 13.5%. If a 3 year coupon-bearing bond that pays coupons of 12.5% annually has a yield of 13.1%, what is the effective annual rate of a two year zero coupon bond? Problem #4: Answer as a percentage, correct to 2 decimals. Just Save Submit Problem #4 for Grading Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #4 Your Answer: Your Mark
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