An analyst gathers the following information about spot rates: | Time to Maturity | Sequence 1 | Sequence 2 | |------------------|------------|------------| | 1 year | 2.0% | 4.7% | | 2 years | 3.5% | 3.5% | | 3 years | 4.7% | 2.0% | For a 3-year, 2% annual coupon payment bond, the price using Sequence 1 is: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz