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Suppose you purchase a 25-year, $1000-face value, zero coupon bond for $357.80 when it was issued on 3/1/2018 (next day settlement). a. What is the
Suppose you purchase a 25-year, $1000-face value, zero coupon bond for $357.80 when it was issued on 3/1/2018 (next day settlement).
a. What is the bond's YTM? (Do not use the % sign with your answer).
b. What would the value of the bond be 5 years from settlement date, all else being equal? (Answer as percent of par).
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