What is the two-year par yield when the zero rates are as in Problem 4.30? What is

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What is the two-year par yield when the zero rates are as in Problem 4.30? What is the yield on a two-year bond that pays a coupon equal to the par yield? Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...
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