Find price of two-year coupon bond with coupon rate
Suppose the price of a one-year zero coupon bond is $900, and that the price of a two-year zero coupon bond is $800. Both bonds have $1,000 face value. What is the price of a two-year coupon bond with a 10% coupon rate?
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Suppose the price of a one-year zero coupon bond is $900, and that the price of a two-year zero coupon bond is $800. What is the price of a two-year coupon bond with a 10% coupon rate?
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