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4 . The yield to maturity on one - year zero - coupon bonds is currently 7 percent; the YTM on two - year zeroes
The yield to maturity on oneyear zerocoupon bonds is currently percent; the YTM on twoyear zeroes is percent. The federal government plans to issue a twoyearmaturity coupon bond, paying coupons once per year with a coupon rate of percent. The face value of the bond is $ At what price will the bond sell?
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