A 7% annual fixed coupon bond has 3 years to maturity.Given the following spot rates, calculate the price (per 100 par) that the bond should be trading at. Spot Rates1 yr: 6.6%2 yr: 7.1%3 yr: 7.3% Sample Solution
00adminadmin2023-03-03 11:13:362023-03-03 11:13:36The bond should be trading at