IN the CFAI book it is mentioned for boot strapping:
[question removed by moderator]
If they are zero coupon bonds than why do they have coupon payments of 0.059?
Make the most of your CFA exam prep in one weekend! Join renowned instructors, Peter Olinto, Darren Degraaf & David Hetherington in May for a live, two-day CFA intensive final review class.
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.