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You are given the following with respect to Treasury securities as of today, May 13, 2015: The coupon rate is compounded semiannually and the yield
You are given the following with respect to Treasury securities as of today, May 13, 2015: The coupon rate is compounded semiannually and the yield to maturity is an annual effective rate. Calculate the 2-year spot rate. Possible Answers 3.2% 3.4% 3.6% 3.8% 4.3%
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