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A risk-free, zero-coupon bond with a face value of $5,000 has 10 years to maturity. If the YTM is 5.9%, which of the following would
A risk-free, zero-coupon bond with a face value of $5,000 has 10 years to maturity. If the YTM is 5.9%, which of the following would be closest to the price this bond will trade at?
a. $2,818
b. $3,382
c. $4,510
d. $3,946
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