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1. What is the price of a zero-coupon bond with $10,000 face value and seven years to maturity if the yield to maturity is 8.2%?

1. What is the price of a zero-coupon bond with $10,000 face value and seven years to maturity if the yield to maturity is 8.2%?

2. A zero-coupon bond with a $1000 face value and six years left to maturity is currently trading for $559. What is the yield to maturity? Round 3 digits.

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