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You observe the 18-month and 2-year zero coupon rates for U.S. Treasury securities are 1.25% and 1.35%, respectively. Assuming arbitrage free markets and no friction
You observe the 18-month and 2-year zero coupon rates for U.S. Treasury securities are 1.25% and 1.35%, respectively. Assuming arbitrage free markets and no friction costs, the implied 6-month rate in...
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