What is the price of the two-year zero-coupon bond

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Consider that the one-year coupon bond with 5% coupon rate is trading at $99.06; and that the two-year coupon bond with 6% coupon rate is trading at $98.19. Both bonds make annual payments. What is the price of the two-year zero-coupon bond with face value of $100?

Reference no: EM133112647

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