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Consider azero-coupon bond with a $100 face value and 20 years left until maturity. If the YTM of this bond is 8.6%, then the price
Consider azero-coupon bond with a $100 face value and 20 years left until maturity. If the YTM of this bond is 8.6%, then the price of this bond is closestto:
A.
$26.89
B.
$100.00
C.
$23.05
D.
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