What can you infer about the ytm of a three year pure
Suppose the spot rates for government bonds with maturities of one, two and three years are given by S1=5%, S2=7% and S3=8%. What can you infer about the YTM of a three year pure discount bond issued by the government?
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suppose the spot rates for government bonds with maturities of one two and three years are given by s15 s27 and s38
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