7) You observe the following forward rates in the market: 0f1= 7%1f2= 9%2f3= 10% What...

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Accounting

7) You observe the following forward rates in the market:

0f1= 7%1f2= 9%2f3= 10%

What is the price of a 10% coupon bond with a face value of $100 and a time-to-maturity of three years?

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