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Dear Tutor,
In the Question Toltuck (March/June 2017) we are supposed to calculate the government yield curve. This calculation is worth only 2 marks but it could be very time consuming.
Will we get any marks if we set up the formula and only guess the interest rate in year 2 and 3 (in order to save time), but we use these results in further calculation (valuation under New/Old credit rating)?
Thank you.
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