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A zero-coupon bond with face value $1,000 and maturity of three years sells for $875.22. a. What is its yield to maturity? What is its

A zero-coupon bond with face value $1,000 and maturity of three years sells for $875.22.

a. What is its yield to maturity? What is its duration?

b. What will the yield to maturity and duration be if the price falls to $810?

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