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If a ten - year $ 1 0 , 0 0 0 deep discount bond has a yield to maturity of 8 % , calculate

If a ten

-

year $

10, 000

deep discount bond has a yield to maturity of

8 %,

calculate its current price

(

) .

.

What price would it sell for if its yield to maturity were

6 % ?

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