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Suppose that forward rates are as follows: What should the purchase price of a 5-year zero coupon bond be if it is purchased today and
Suppose that forward rates are as follows: What should the purchase price of a 5-year zero coupon bond be if it is purchased today and has face value of $1,000? A. $776.14 B. $721.15 C. $77954 D. 5756.02 E. 5766.32
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