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You are given the following yield curve: Term of Investment Spot Rates 1 year 3.3% 2 year 3.6% 3 year 4.1% 4 year 5.2% Find
You are given the following yield curve: Term of Investment Spot Rates 1 year 3.3% 2 year 3.6% 3 year 4.1% 4 year 5.2% Find the price of a 4-year 5% annual coupon bond redeemable at its par value of $100. Possible Answers A 96.35 B 97.62 98.21 D 99.66 E 101.78
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