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You observe the following forward rates based on prices for U.S. Treasuries: F(0,1) = 2.00% F(1,2) 5.00% F(2,3) 8.00% F(3,4) = 9.00% Use the forward
You observe the following forward rates based on prices for U.S. Treasuries: F(0,1) = 2.00% F(1,2) 5.00% F(2,3) 8.00% F(3,4) = 9.00% Use the forward rate curve to find the value of a three-year annual coupon bond with a 10% annual coupon. Please provide the price (% of par) with at least two decimals (basis points)...e.g. 101.01
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