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Yield rates for 6% annual coupon bonds are given to be 3.5% for 1-year bonds and 4% for 2-year bonds. Find the implied 2-year spot
Yield rates for 6% annual coupon bonds are given to be 3.5% for 1-year bonds and 4% for 2-year bonds. Find the implied 2-year spot rate from these yield rates.
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