Question: Based on the continuously compounded annual spot interest rates shown below, what is the par yield for a 24-month bond that pays interest semiannually? Month

Based on the continuously compounded annual spot interest rates shown below, what is the par yield for a 24-month bond that pays interest semiannually? Month Spot 6 12 rate 3% 4% 5% 6% 18 24 1) 6.12% 2) 5.94% 3) 6.02% 4) 5.12% 5) 5.07%

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4. Are there any disadvantages?

3. What are the main benefits of using more information technology?

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