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You are given the following yield curve: Term of Investment Spot Rates 1 year 3.3% 2 year 3.7% 3 year 4.4% Find the present value

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You are given the following yield curve: Term of Investment Spot Rates 1 year 3.3% 2 year 3.7% 3 year 4.4% Find the present value of an investment that pays $100 at the end of each year for 3 years. Possible Answers A 275.42 B 277.68 C 279.95 D 280.25 F 289.02

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