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| rev | Admin | (Created page with "'''Solution: E.''' Using spot rates, the value of the bond is: 60 /1.07 + 60 /1.08<sup>2</sup> + 1060 /1.09<sup>3</sup> = 926.03. Using a calculator, the solution is 8.9%. {{soacopyright | 2023 }}") | Nov 19'23 at 17:54 | +203 |