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1. A zero coupon bond with a face value of $100 matures in 5years. In currently trades in a competitive market for the price of$71.30.a.
1. A zero coupon bond with a face value of $100 matures in 5years. In currently trades in a competitive market for the price of$71.30.a. What is the yield to maturity of the bond.b. If the yield t 2 answers
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
