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Jimmy buys an 11-year, $40,183.50, a zero-coupon bond with an annual YTM of 7.72%. If he sells the bond after 6 years for __________, he

Jimmy buys an 11-year, $40,183.50, a zero-coupon bond with an annual YTM of 7.72%. If he sells the bond after 6 years for __________, he will have a __________ profit.

$25,719.92 / break-even

$26,475.80 / positive

$28,905.51 / negative

None of the above

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