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The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) 1 2 3 4 5 YTM 5.03 %5.03% 5.54 %5.54% 5.71 %5.71%
The current zero-coupon yield curve for risk-free bonds is as follows:
Maturity (years) | 1 | 2 | 3 | 4 | 5 |
YTM | 5.03 %5.03% | 5.54 %5.54% | 5.71 %5.71% | 5.96 %5.96% | 6.07 %6.07% |
What is the price per
$ 100$100
face value of a four-year, zero-coupon, risk-free bond?
The price per
$ 100$100
face value of the four-year, zero-coupon, risk-free bond is
$nothing.
(Round to the nearest cent.)
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