The following table shows the prices of a sample of Treasury strips. Each strip makes a...

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Finance

The following table shows the prices of a sample of Treasurystrips. Each strip makes a single payment at maturity.

Years to MaturityPrice, (% of face value)
197.752%
294.251
390.444
486.380

a. What is the 1-year interest rate?

b. What is the 2-year interest rate?

c. What is the 3-year interest rate?

d. What is the 4-year interest rate?

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