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C D E F G H I J The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):

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C D E F G H I J The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value): Maturity (years) 1 2 3 4 5 Price (per $100 face value) $95.51 $91.05 $86.38 $81.65 $76.51 100 100 100 100 a. Compute the yield to maturity for each bond. Par value 100 Maturity (years) Price (per $100 face value) 1 95.51 Yield to maturity 91.05 36.38 81.65 76.51 b. Plot the zero-coupon yield curve (for the first five years). Is it upward-sloping or downward-sloping

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