13. a bond has maturity of 3 years and coupon rate of 3.60%. the price is 97.99. the six month T-bill rate is 3.6%. the one year T-bill rate is 3.65%. The rate for discounting a 1.5 year zero is 3. 7%. the 2.5 year spot rate is 4.19% and the three year spot rate is 4.34. what is the two year spot rate? (round to nearest asis point)
13. a bond has maturity of 3 years and coupon rate of 3.60%. the price is 97.99. the six month T-bill rate is 3.6%. the one year T-bill rate is 3.65%. The rate for discounting a 1.5 year zero is 3. 7%. the 2.5 year spot rate is 4.19% and the three year spot rate is 4.34. what is the two year spot rate? (round to nearest asis point)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:13. a bond has maturity of 3 years and coupon rate of 3.60%. the price is 97.99. the six month
T-bill rate is 3.6%. the one year T-bill rate is 3.65%. The rate for discounting a 1.5 year zero is 3.
7%. the 2.5 year spot rate is 4.19% and the three year spot rate is 4.34. what is the two year
spot rate? (round to nearest asis point)
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