What is the correct price for the coupon bond at time zero?

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The Federal Government 2-year coupon bond has a face value of? $1,000 and pays annual coupons of? $33. The next coupon is due in one year.? Currently, the one and two-year spot rates on Federal Government zero coupon bonds are? 4% and? 4.5%. What is the correct price for the coupon bond at time zero? (immediately)?

Reference no: EM132234744

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