Spot rates associated with a four-year par value 3000 6


Spot rates associated with a four-year, par value, $3,000, 6% bond with annual coupons are r1 = 4.5%, r2 = r3 = 5.5%, and r4 = 6%. Calculate the value of the bond and its yield if it is sold at a price equal to its value.

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Finance Basics: Spot rates associated with a four-year par value 3000 6
Reference No:- TGS0639213

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