Calculate the present value of a $1,000 zero-coupon bond with 5 years to maturity if the required annual interest rate is 6%. You own a $1,000-par zero-coupon bond that has 5 years of remaining maturity. You plan on selling the bond in one year and believe that the required yield next year will have the following probability distribution: What is your expected price when you sell the bond? What is the standard deviation? Last modified Wednesday, January 22, 2014, 4:56 PM