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A zero - coupon bond is a bond that doesn t pay periodic coupons; it only pays the face value at maturity. A $ 1
A zerocoupon bond is a bond that doesnt pay periodic coupons; it only pays the face value at maturity. A $ par zero coupon bond matures in years. If comparable bonds have a YTM of what should be its quoted price?
Round to the nearest hundredth and do not enter a dollar or percent sign
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