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Note: The given information for this problem changes with each attempt. Please be sure to re-compute your work each time you submit an answer. Yesterday,
Note: The given information for this problem changes with each attempt. Please be sure to re-compute your work each time you submit an answer. Yesterday, you bought a 5-year, zero coupon, $100 face-value Treasury bond with an interest rate (rrf) of 6.0% and a price of $74.73 per bond. rinf was 2.0% at the time, but jumped to 3.0% overnight. Nothing changed overnight except for the jump in the inflation rate. How much can you sell your bond for today? Hint: Assume rrf=rinf+ all other treasury bond interest rate risks. Do not round intermediate calculations. Round your final answer to 2 decimal places
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