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Answer the following. a. b. Consider a $1,000 face value zero coupon bond which matures in 15 years. What is the fair price for the

Answer the following.

a.

image text in transcribedb.

image text in transcribed

Consider a $1,000 face value zero coupon bond which matures in 15 years. What is the fair price for the bond if the yield is 5%? O A. $386.45 O B. $536.39 O C. $520.68 O D. $481.02 O E. $465.32

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