You are a bond trader and see on your screen the following information on three bonds with annual coupon payments and par value of $100: bond coupon rate (%) maturity (year) ytm(%)
a 0 1 5.00
b 5 2 5.50
c 6 3 6.00
coupon payments are annual.

(a) what are the prices of the above bonds?
(b) construct the current term-structure of spot interest rates.
(c) explain how you would synthetically replicate a zero-coupon bond with a maturity of 3 years and a par value of $100.
(d) what should be the price of the bond so that there is no arbitrage?

answer; i believe that the correct answer is (personal information and career information; second answer; (b) flexibility,independence and salary potential

i think the answer is a. science center.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

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