Question: Supposethat the 6 - month, 1 2 - month, 1 8 - month, and 2 4 - month zero rates are 5 % , 6

Supposethat the 6-month, 12-month, 18-month, and 24-month zero rates are 5%,6%,6.5%, and 7% respectively. What si the two-year par yield? (Face value 100)

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