Question
(i) A risk-free, zero coupon bond with a face value of $5,000 has 10 years to maturity. If the YTM is 3.25%, at what price
(i) A risk-free, zero coupon bond with a face value of $5,000 has 10 years to maturity. If the YTM is 3.25%, at what price will the bond trade?
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