8 9 10 11 12 13 14 pv(0) $5,368.07 2 Answer the following questions given...
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8 9 10 11 12 13 14 pv(0) $5,368.07 2 Answer the following questions given the observed yields to maturity (YTMs) on the STRIP bonds below: 15 16 17 18 19 20 21 2 3 4 5 6 Years to maturity 1 2 3 YTM 0.25% 1.75% 2.50% 3.50% 4.00% 5.00% 5.50% 4 5 6 7 if the market is efficient, then what should the selling price be on a 5-year bond with a 3% coupon rate (assume annual coupon payments)? 3%
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