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undefined Consider the market rates for the maturities 1, 2, and 3 years respectively in the table below. What is par rate of a 3-year

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Consider the market rates for the maturities 1, 2, and 3 years respectively in the table below. What is par rate of a 3-year bond with annual payments. Answer in percentage with two decimal digits accuracy. Example 5.84. It 1 R(0,t) 2.00 4.00 6.00 2 3

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