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What is the price of a $100 zero coupon three year bond if r1=0.025, r2=0.03, r3=0.04 a. 96.15 b. 88.90 c. 96 d. 104 e.
What is the price of a $100 zero coupon three year bond if r1=0.025, r2=0.03, r3=0.04
a. 96.15
b. 88.90
c. 96
d. 104
e. 102.50
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