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You own a bond which will pay $1000 in 9 months and $2000 in 15 months. You wait 3 months. The risk-free rate is 4
You own a bond which will pay $1000 in 9 months and $2000 in 15 months. You wait 3 months. The risk-free rate is 4 % per annum with quarterly compounding. For how much can you sell that bond
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