(Answered) The six-month and one-year zero rates are both 8 per annum

Finance

The six-month and one-year zero rates are both 8% per annum. For a bond that has a life of 18 months and pays a coupon of 6% per annum (with semiannual payments and one having just been made), the yield is 9.5% per annum. What is the bond's price? What is the 18-month zero rate? All rates are quoted with semiannual compounding. Assume face value = $100.

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