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Suppose, there is a zero coupon bond with a face value of $1000. The bond will mature in 3 years from now, and the YTM
- Suppose, there is a zero coupon bond with a face value of $1000. The bond will mature in 3 years from now, and the YTM is 5%. What is the price of this bond today (use semi-annual compounding)?
- $863.84
- $884.63
- $962.30
- $862.30
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