Question: Question 2 Let n is the spot rate for a 73year maturity zero coupon bond. (i) Find an expression for fps1,16] in terms of the

Question 2 Let n is the spot rate for a 73year maturity zero coupon bond. (i) Find an expression for fps1,16] in terms of the n's. (ii) Show that (1 + f[o,11)(1 + f[1,21)--- (1 + fps1M) = (1 + W (iii) Show that fc 1? k] > 0 and d f[k 1,16] 71,4, then f[k 1,16] > m0

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