The excerpt is taken and modified from the Government of Pakistan Investment bond’s Auction result:
Auction for 3, 5, 10- and 20-year Pakistan Investment Bonds was held on March 20, 2019, with a settlement date on March 21, 2019. The coupon rates for 3, 5, 10- and 20-year bonds are 7.25%, 8.00%, 8.75%, and 10.75% respectively.
Using weighted average yield % p.a calculate the following rates:
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