Question: NO excel Problem 12. You are given the following n-year forward rates: Forward n Rate (in,n+1) 0 3.0% 1 4.4% 2 4.8% 3 5.6% Calculate

NO excel

NO excel Problem 12. You are given the following n-year forward rates:

Problem 12. You are given the following n-year forward rates: Forward n Rate (in,n+1) 0 3.0% 1 4.4% 2 4.8% 3 5.6% Calculate the price of a 4-year, 1000 par bond with 6% annual coupons

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