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Market interest rates change so that next year, the yield-to-maturity on this zero coupon bond with a face value of $10,000 becomes 3%; The new

Market interest rates change so that next year, the yield-to-maturity on this zero coupon bond with a face value of $10,000 becomes 3%; The new price of the bond is

$10,000

$9,425.96

$8,984.52

$9,335.11

$9,157.30

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