What is the yield to maturity of a four-year 5 annual
Suppose the one-year, two-year, three-year, and four-year spot rates are determined to be 1%, 2%, 3%, and 4%, respectively. What is the yield to maturity of a four-year, 5% annual coupon paying bond?
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suppose the one-year two-year three-year and four-year spot rates are determined to be 1 2 3 and 4 respectively what is
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