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You have a one year zero coupon bond that pays $1, which price today is $0.9523? You have a two year coupon bond with a
You have a one year zero coupon bond that pays $1, which price today is $0.9523? You have a two year coupon bond with a principal value of $100 and coupons of 5%. The spot rate for 2 years, (r2) is 10%. What is the price of the coupon bond today?
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