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A ten - year zero coupon bond with a face value of $ 1 , 0 0 0 is currently issued at 4 8 .

A ten

-

year zero coupon bond with a face value of $

1, 000

is currently

issued at

48.72 %

of the face value. Assume the bond's YTM remains

unchanged throughout the bond's term to maturity. What should the

bond be sold for three years from now?

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