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What are the discount factors for each date (i.e., the present value of $1 paid in year t )? Note: Do not round intermediate calculations.
What are the discount factors for each date (i.e., the present value of $1 paid in year t )? Note: Do not round intermediate calculations. Round your answers to 3 decimal places. You have estimated spot rates as follows: r1=6.60%,r2=7.00%,r3=7.30%,r4=7.50%,r5=7.60%. a. What are the discount factors for each date (i.e., the present value of $1 paid in year t )? b. Calculate the PV of the following $1,000 bonds assuming annual coupons and maturity of: (1) 6.6%, two-year bond; (2) 6.6%, fiveyear bond; and (3) 11.6%, five-year bond. Complete this question by entering your answers in the tabs below. Calculate the PV of the following $1,000 bonds assuming annual coupons and maturity of: (i) 6.6%, two-year bond; (ii) 6.6%, five-year bond; and (iii) 11.6%, five-year bond. Note: Do not round intermediate calculations. Round your answers to 2 decimal places
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