Assuming you can buy sell and short-sell all of the bonds
Assuming you can buy, sell, and short-sell all of the bonds above with no costs, how much of each bond would you buy or short to constrcut a porfolio of the four 6%-coupon bonds that pays the exact same cash flows as the 5.5% 2-year coupon bond?
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assuming you can buy sell and short-sell all of the bonds above with no costs how much of each bond would you buy or
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