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1a)You are offered a 9 year zero coupon bond (a bond having just a single principle payment) by three different brokers. The bond pays $1000

1a)You are offered a 9 year zero coupon bond (a bond having just a single principle payment) by three different brokers. The bond pays $1000 in 9 years. Broker A will sell you the bond at an annually compounded yield of 5.5%. What is the price (in standard form as a percentage) Broker A wants to charge?

1b) Broker B wants to offer you the same zero coupons 9-year bond at a semi-annually compounded yield of 5.4%. What is the price Broker B wants to charge as a percentage?

1c) Broker C wants to sell you the same zero coupons 9-year bond at a continuously compounded rate of 5.3%. What is the price Brokers C wants to charge as a percentage?

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