You observe the trading price of the following zero coupon bonds with a face value of $100 Maturity Price 1 $93 46 2 $86 13 3 $77 54 What is the 3 year spot rate Enter your answer to 4 decimal places eg if your answer is 6 54 enter as 0 0654 If your answer is 6 enter as 0 0600

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You observe the trading price of the following zero coupon bonds with a face value of $100: Maturity Price 1 $93.46 2 $86.13 3 $77.54

You observe the trading price of the following zero coupon bonds with a face value of $100:

Maturity	Price
1	$93.46
2	$86.13
3	$77.54

What is the 3-year spot rate?

Enter your answer to 4 decimal places eg if your answer is 6.54% enter as 0.0654. If your answer is 6% enter as 0.0600

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