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15. You find a zero coupon bond with a par value of $10,000 and 20 years to maturity. If the yield to maturity on this
15. You find a zero coupon bond with a par value of $10,000 and 20 years to maturity. If the yield to maturity on this bond is 7.2 percent, what is the fair price of the bond? Assume semi- annual compounding for the bond
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