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1 . A zero coupon bond with a face value of $ 1 0 0 matures in 5 years. In currently trades in a competitive
A zero coupon bond with a face value of $ matures in years. In currently trades in a competitive market for the price of $
a What is the yield to maturity of the bond.
b If the yield to maturity does not change, what do you expect to be the price of the bond in years?
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