Question: Consider 2 securities with face value equal to 100. - One year pure discount bond selling at $94.47. - One two year 8.50% discount bond

Consider 2 securities with face value equal to 100. - One year pure discount bond selling at $94.47. - One two year 8.50% discount bond selling at $98.03. What is the two year zero coupon rate R(0,2)? Answer in percentage with 3 decimal digits accuracy. Example: 8.573
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