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Alex purchased a 10-year, zero-coupon bond today with a yield to maturity of 7.5% and face value of $1,000. One year later, if the yield

Alex purchased a 10-year, zero-coupon bond today with a yield to maturity of 7.5% and face value of $1,000. One year later, if the yield to maturity decreases to 6%, what will the price of the bond be 1 year later?

Group of answer choices

A. $591.90

D. $1,060.00

E. $943.40

C. $485.19

B. $558.39

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