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LS You own a $1,000-par zero-coupon bond that has 6 years of remaining maturity. You plan on selling the bond in one year, and believe
LS You own a $1,000-par zero-coupon bond that has 6 years of remaining maturity. You plan on selling the bond in one year, and believe that the required yield next year will have the following probability distribution below: Probability Required Yield 0.1 6.60% 0.2 6.75% 0.3 7.00% 0.3 720%, 0.1 7.45% What is your expected price when you sell the bond? $680.32 $712.49 O $763.07 $775.68 $797.05
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