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Consider a zero-coupon bond that has 2 years left until maturity. If the bond has a face value of $100, and YTM of 3.5%, what

  1. Consider a zero-coupon bond that has 2 years left until maturity. If the bond has a face value of $100, and YTM of 3.5%, what is the current price of this bond? Interest is compounded semi-annually.
    1. $93.30
    2. $96.47
    3. $103.50

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