Question: The continuously compounded six-month zero rate is 7.25% per annum. The price of a 1 year bond that provides a coupon of 9% per annum

The continuously compounded six-month zero rate is 7.25% per annum. The price of a 1 year bond that provides a coupon of 9% per annum semiannually is 93. What is the 1 year continuously compounded zero rate? Please give answer with two decimal places and not a percent.

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