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i need answer asap thank you The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):maturity years( 1,2,3,4,5)
i need answer asap thank you
The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):maturity years( 1,2,3,4,5) ( per $100 face value)
94.52 89.68 85.40 81.65 78.35
a) what is the yield to maturity for the two-year zero-coupon bond?
b) what is the yield to maturity for the three-year zero-coupon bond?
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