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A 6% (coupon) six-year government bond yields 12% and 10% (coupon) six-year bond yields 8%. Calculate...

A 6% (coupon) six-year government bond yields 12% and 10% (coupon) six-year bond yields 8%. Calculate the 6 year spot rate. Part of the question is understanding how to interpret the stated numbers.

Hint: try to cancel the intermediate coupons for periods 1 through 5 with the two above bonds

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