Blessed1610 Blessed1610

22-05-2023
Mathematics

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Consider the following 5% par-value bonds having annual coupons: Term Yield 1 Year y₁ = 1.435% 2 Year Y2 = 2.842% 3 Year Y3 = 3.624% 4 Year Y4 = 3.943% 5 Year Y5 = 4.683% Determine the forward rate ƒ[3,5]

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