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Use the following information for $100 par value bonds to calculate the discount factor (calculate 6 decimals) to be used to value cash flows 1.0

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Use the following information for $100 par value bonds to calculate the discount factor (calculate 6 decimals) to be used to value cash flows 1.0 year ahead, d(1.0). Assume that you have already calculated d(0.5) and found it to be 0.980394. Bond Coupon Maturity (years) $ Price 1 3% 0.5 99.51 2 3.4% 1.0 99.04 0.965595 O 0.973733 0.957457 O 0.961526 0.941068

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