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You see that 1-year zero coupon bonds are trading at a yield of 1%, and 2-year zero coupon bonds are trading at a yield of

You see that 1-year zero coupon bonds are trading at a yield of 1%, and 2-year zero coupon bonds are trading at a yield of 2%. What must be the price (and yield) of a 2-year 8% coupon annual pay bond? [Hint, try to match the cashflows of the coupon and stripped bonds]

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