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You are given the following n-year forward rates: n Forward Rate (in,n+1) 0 3.0% 1 4.4% 2 4.8% 3 5.6% Calculate the price of a

You are given the following n-year forward rates:

n	Forward Rate (in,n+1)
0	3.0%
1	4.4%
2	4.8%
3	5.6%

Calculate the price of a 4-year, 1000 par bond with 6% annual coupons

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