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Consider a $1,000 face value, zero coupon bond with 20 years to maturity. If the YTM is 6%, what is the price of the bond
Consider a $1,000 face value, zero coupon bond with 20 years to maturity. If the YTM is 6%, what is the price of the bond today?
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$1,000.00
$311.80
$3,207.14
$97.22
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
