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Treasury spot interest rates are as follows: What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value
Treasury spot interest rates are as follows: What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)?
| Maturity (years) | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| Spot rate (EAR) | 2.4% | 2.8% | 3.9% | 4.5% |
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
