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3. (6 points) What is the price of a 15 year, zero coupon bond paying $1,000 at maturity, assuming semi-annual compounding, if the YTM is:a.6

3. (6 points) What is the price of a 15 year, zero coupon bond paying $1,000 at maturity, assuming semi-annual compounding, if the YTM is:a.6 percent?b.8 percent?c.10 percent?

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