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Suppose the 2-year spot rate is r02/24/23(02/24/25) = 5%. What is the price of the 2-year ZCB?

Suppose the 2-year spot rate is r02/24/23(02/24/25) = 5%. What is the price of the 2-year ZCB? 

Suppose the 2-year spot rate is r02/24/23(02/24/25) = 5%. What is the price of the 2-year ZCB?

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To calculate the price of a zerocoupon bond ZCB we can use the formula Price Face Value 1 YieldTime ... blur-text-image

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