Verify that the 1-year yield volatility of the 4-year zero-coupon bond price generated by the tree in

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Verify that the 1-year yield volatility of the 4-year zero-coupon bond price generated by the tree in Figure 25.5 is 0.14.
In Figure 25.5
Verify that the 1-year yield volatility of the 4-year zero-coupon
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Derivatives Markets

ISBN: 978-0321543080

4th edition

Authors: Rober L. Macdonald

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